3 ms·
Nonsense. Here [1] is a fine article of an all-American company in Texas that is too nervous to get back into the business of making masks since they lost a to
by pinkfoot 7y ago
Nonsense.
Here [1] is a fine article of an all-American company in Texas that is too nervous to get back into the business of making masks since they lost a ton of money and had to lay off over 100 staff when demand vanished after the last SARS panic.
They still have the equipment and know-how. They just don't trust the market.
Not a single Chinese government official involved in this sad saga.
[1] https://www.washingtonpost.com/business/2020/02/15/coronavirus-mask-shortage-texas-manufacturing/ https://www.washingtonpost.com/business/2020/02/15/coronavir...
- viklove 7y agoJust like with oil, any industry can be gamed if a single player accumulates a massive stockpile of a commodity, then floods the market to drive prices down and make production unprofitable for competitors.