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And the coronavirus was just a flu. And there's pent-up demand in out economy which will just explode when we get out of this. No. This is not panic-buying or
by wegs 7y ago
And the coronavirus was just a flu. And there's pent-up demand in out economy which will just explode when we get out of this.
No. This is not panic-buying or hoarding. There are actual supply chain disruptions, shifting demands, fewer workers going to work, and things just aren't keeping up with major disruptions to economic structures based on low margins, having just enough capacity, and doing everything just-in-time.
They're addressable, but we're not addressing them. Instead everyone tells themselves pretty stories about how the problems aren't real, and everyone else seems to believe it.
As far as I can tell, no one actually keeps an eye on these things either. We have no idea if we will have too much or not enough food in 6 months, and my guess is not enough (B2C producers aren't scaling up due to pretty stories, while B2B ones are shutting down due to lack-of-demand).
- wayoutthere 7y ago> As far as I can tell, no one actually keeps an eye on these things either. Our current political system is invested in manipulating the truth to poke your political rivals in the eye; and there's no way you can keep an eye on things if you fire everyone who doesn't tell you what you want to hear...