Business & Finance Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.

sillygoose

sillygoose

Well-known member
Agent23 said:
Um, isn't that one of the reasons for the Baby Formula shortage now?
A lot of it is hoarded by some gubrmint agency that ships it to illegal migrant camps.
Check out the Tucker video I posted.
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It seems that there is a virtual monopoly and one of the few companies that make anything had their product revoked due to it poisoning babies. Crony capitalism FTW.
 
A

ATP

Well-known member
Floridaman said:
Yeah that is what I am afraid of our leaders pulling an American holodomor to try to maintain pressure on russia.
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Russia ceased to be 100 years ago.And Moscov clearly is in league with Biden handlers - your deep state would try win election thanks to that,and later destroy your society using famine.
Putin would lost 100k soldiers,but - who care? there is many people,like his idol sralin said.
 
Agent23

Agent23

Ни шагу назад!
sillygoose said:
It seems that there is a virtual monopoly and one of the few companies that make anything had their product revoked due to it poisoning babies. Crony capitalism FTW.
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Yeah, and now after the problem was fixed the US government that created the monopoly is hoarding, this leads to more private sector hoarding that causes a "virtuous spiral" if you are invested in alternate suppliers.
For people with kids, though, it leaves them fucked.
 
Agent23

Agent23

Ни шагу назад!
Anyways, here is OG monetarist and libertarian legend Milton Friedman on inflation, the rope of government and excessive centralization, etc:
 
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Scottty

Scottty

Well-known member
Founder
Meanwhile... something I saw reposted of late. It's from 2020 or so, but still relevant:

The Market Ticker Error: Post Not Available

market-ticker.org market-ticker.org

Understand This About War...
[Comments enabled]
Folks, understand one thing about the US getting involved in an actual shooting war with anyone.
You immediately will have no semi-conductor anything, zero lithium batteries for anything at all from electric cars to cellphones, 75% or better of the pharmaceuticals in common use will disappear instantly, finding tires will be nearly impossible, automotive and machine parts, specifically wear parts such as bearings will all become unobtanium and more. Even something as simple as a circuit breaker for your house will not be able to be sourced. ALL of the large transformers used to distribute electrical power in the United States, never mind nearly all of the switchgear, are made overseas in whole or part and thus if they fail, whether due to natural or man-made cause they cannot be replaced in such an event either. Within a few months spares for critical parts that are considered wear items and thus must be replaced on a schedule will run out in our energy generation and distribution system and failures will begin to occur with impact from local areas to entire regions.
Your local gas station and supermarket cash register (never mind most modern refrigerators, HVAC systems and similar) all have chips in them that are only made overseas; there is no replacement available made in the United States. Your much-vaunted heat pump that is so "green" has a defrost control board in it without which it will not function -- if you bypass it (which you can in some cases) once the temperatures get below about 40 degrees outside the unit will fail or be destroyed without it, and there won't be a replacement available at any cost. Even the contactor (relay) in that outdoor unit has no US supply and without it the unit doesn't work. Your gas furnace has an ignitor and control board without which you have no heat, they do fail and, again, there is no US supply. We did this to ourselves with our decades-long stupidity offshoring everything and by doing so made it possible for any nation that can sink even a single container ship to break the United States economy and perhaps even a few million people's survival within minutes.
Commercial shipping will go to zero basically immediately as anything that floats and is big is easy to sink and without insurance, which nobody will write, nobody will ship anything because someone is going to eat the entire cost if the ship ends up on the bottom of the ocean and there is nobody in their right mind who will take that risk.
This is the crazy of international supply chains when there is no substitution here at home available in the size required. It all depends on everything being "peaceful" -- both economically and militarily. You can go shoot goat herders without impacting that but the minute hostilities break out with someone that has actual reach into shipping lanes you must expect them to spend one conventional torpedo costing a few tens of thousands of dollars and once they do anything and everything headed your way stops.
Container ships are trivially easy to send down to see Davey Jones; they're huge, they're lightly crewed which means no serious amount of damage control is available and they're certainly not built and fitted out to survive in a wartime environment.
Yeah, I know, you're sure it won't happen.
Better hope you're right if you're dependent on medications, as just one example.
Perhaps we should be re-thinking our ideas about sending tens of billions of dollars worth of "stuff" to another nation -- an amount that exceeds their entire military spending for the last year, never mind "admitting more new nations into NATO."
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LordsFire

LordsFire

Internet Wizard
Scottty said:
Meanwhile... something I saw reposted of late. It's from 2020 or so, but still relevant:

The Market Ticker Error: Post Not Available

market-ticker.org market-ticker.org
Click to expand...

I'm trying to determine how much of this is exaggeration for effect, and how much of this is actual belief it's that fragile.

Because it isn't. One torpedo, one sunk container ship, will not grind the global economy to a halt. There've been pirates (famously off of Somalia) seizing Container ships for ransom and similar shenanigans for decades.

The globalized economy isn't one broken window, one pulled pin, one removed brick, however you want to put it, from collapse.

It is far more fragile than most people realize, and than most people want to think. One torpedo can't do it, but one submarine conducting a successful anti-shipping campaign for a couple of months, sinking a few dozen ships?

That might.


The globalized economy isn't one disaster away from failing; if it was, the Evergiven would have done it in. It is at the level where the norm of 'safe and unharrassed shipping across the oceans' being broken for just a few months, that would end it. And a few months isn't as fragile as one or two sunk container ships, but it is a very short time frame and relatively easy to cause.
 
C

Cherico

Well-known member
LordsFire said:
I'm trying to determine how much of this is exaggeration for effect, and how much of this is actual belief it's that fragile.

Because it isn't. One torpedo, one sunk container ship, will not grind the global economy to a halt. There've been pirates (famously off of Somalia) seizing Container ships for ransom and similar shenanigans for decades.

The globalized economy isn't one broken window, one pulled pin, one removed brick, however you want to put it, from collapse.

It is far more fragile than most people realize, and than most people want to think. One torpedo can't do it, but one submarine conducting a successful anti-shipping campaign for a couple of months, sinking a few dozen ships?

That might.


The globalized economy isn't one disaster away from failing; if it was, the Evergiven would have done it in. It is at the level where the norm of 'safe and unharrassed shipping across the oceans' being broken for just a few months, that would end it. And a few months isn't as fragile as one or two sunk container ships, but it is a very short time frame and relatively easy to cause.
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that would hurt americans in the short run, but in the long run?

In the long run all of those manufacteres have no choice but to come back home.
 
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