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It's not only chips.It's everything.Timber,iron,steel,building materials, certain types of food. It's the increased consumption of these goods because of insan
by mathverse 5y ago
It's not only chips.It's everything.Timber,iron,steel,building materials, certain types of food.
It's the increased consumption of these goods because of insane lockdowns all around the world.People did not spend money on holidays but decided to upgrade their homes and electronics.
- laurent92 5y agoOr is it the adolescence of China, once a baby in consumerism, now a hungry teenager engulfing all the calories it can?
- pphysch 5y agoOr is it the ongoing & economically unjustified printing of multiple trillions of USD since 2020, which forces firms globally to move away from money or get ripped off?
- sbierwagen 5y agoLumber peaked back in May at $1,600. It's down to $576 now: https://www.nasdaq.com/market-activity/commodities/lbs https://www.nasdaq.com/market-activity/commodities/lbs
- imtringued 5y agoOh no hyperdeflation is coming!! I am honestly tired of this. Yes we had a pandemic but we didn't have a war that killed and destroyed the very thing that produces the things that we are short of right now.
- quickthrower2 5y agoWhy are lockdowns insane for a novel, highly transmittable and deadly and mutating virus for which there was no vaccine and although there is now it is not rolled out enough globally yet.