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Thread: COVID Part 2 - The economic mess

  1. #11
    VIP Member! MountainGirl's Avatar
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    Quote Originally Posted by TJC44 View Post
    I'm sure others have already shut down as well, there just was no press release about it. If you thought the store shelves were bare before, it's looking to get worse.
    At least we don't have to worry about running out of milk!
    If anything could scare me, it will be when the public starts sensing a shortage on food. Major panic, that.

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  3. #12
    Just this guy Inor's Avatar
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    Quote Originally Posted by TJC44 View Post
    I am now seeing stories of meat processing plants being shut down for deep cleaning and the employees being found with COVID-19.

    Tyson Foods
    National Beef Packaging
    JBS USA
    Smithfield Foods (from another story)
    Also remember that most large vegetable farms use migrant labor in their fields. They are unable to travel due to Stay-in-place orders, so they can't report to their usual farms.
    https://www.npr.org/sections/coronav...2dO85lA5Df5y-8

    Stay Tuned....
    If you want to hear a Cattle Rancher go nuts, just mention the meat packers. The meat packers have been consolidating in the extreme, so now they are all owned by 4-5 huge conglomerates. They are squeezing the retailers on the one side to raise retail prices and limit production and the ranchers on the other to destroy the prices at auction. According to my rancher friends here, there is no shortage of beef. The meat packers are holding it back to drive up the prices, even to the point where it is rotting in the packing plants. They are using the opposite side of that to drive down auction prices.

    I do not know if it is true or not, but the ranchers here are ready for violent revolt over it.
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  5. #13
    VIP Member! MountainGirl's Avatar
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    No shortage of beef on the hoof.
    This bull hits both ends of the food chain.
    Maybe after all the barns burn down - things will eventually revert back to small scale producer->consumer.
    For the humans that are left.

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  7. #14
    VIP Member! StratBastard's Avatar
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    Quote Originally Posted by MountainGirl View Post
    If anything could scare me, it will be when the public starts sensing a shortage on food. Major panic, that.
    That's just right. We saw the fist fights over toilet paper... imagine when it becomes food. Then there's the looming issue of people not being able to make their rent or mortgages. I smell violence percolating if this continues much longer. Even with everyone back to work, there will be many who just CANNOT get caught up... and a wave of possible defaults and evictions in the months after. Could. Get. UGLY.
    A.K.A. StratBastard
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  9. #15
    VIP Member! StratBastard's Avatar
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    And right in the middle of all this, here's yet another prominent individual advocating for economic Armageddon... in the name of "dignity", and misplaced altruism. With absolutely no idea of cause and effect, of how money works or fails, of how humans behave. A "universal Basic Income" would instantly start swelling the ranks of the parasitic, and diminishing those ranks paying for it: the productive. Any money introduced via fiat means rather than created wealth via production only dilutes the money supply... leaving them with higher prices and no more purchasing power than they began with. There IS no magical means by which a large portion of the world can be carried in this manner, except via streamlining opportunities for them to produce as well.

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    https://www.usnews.com/news/national...c-strikes-deal
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  11. #16
    VIP Member! MountainGirl's Avatar
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    Quote Originally Posted by StratMaster View Post
    ...There IS no magical means by which a large portion of the world can be carried in this manner, except via streamlining opportunities for them to produce as well.
    Which of course said effort and cost to set up those opportunities would be expected to be provided by the US.

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  13. #17
    VIP Member! StratBastard's Avatar
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    Quote Originally Posted by MountainGirl View Post
    Which of course said effort and cost to set up those opportunities would be expected to be provided by the US.
    Sure, but they can stuff that idea as well. Here in the good 'ol U.S. of A., opportunities are provided simply by deregulation and incentives to invest and produce rather than big government obstacles. How the other bozos go about it doesn't concern us one bit.
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  14. #18
    VIP Member! MountainGirl's Avatar
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    Quote Originally Posted by StratMaster View Post
    Sure, but they can stuff that idea as well. Here in the good 'ol U.S. of A., opportunities are provided simply by deregulation and incentives to invest and produce rather than big government obstacles. How the other bozos go about it doesn't concern us one bit.
    But but but we pay for everything! Right? (Or so it seems..)

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    Quote Originally Posted by MountainGirl View Post
    But but but we pay for everything! Right? (Or so it seems..)
    Well, I gotta say one of the things I approve of Trump is his limiting that now: NATO, Foreign Aid, U.N., WHO... keep going I say.
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    A.K.A. StratBastard
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