8 ms·
A few critical items beyond oil are also now in short supply: Fertilizer, which is kind of important right now since it's springtime and farmers are planting c
by mullingitover 7mo ago
A few critical items beyond oil are also now in short supply:
Fertilizer, which is kind of important right now since it's springtime and farmers are planting crops around the world.
Plastic, without which modern hospitals can't operate.
Aluminum.
The list goes on, this was the dumbest war in our lifetimes but it's the culmination of a lot of previous stupidity that made it all possible.
The people who started this war are authoritarians and, let's be honest, straight up criminals, who did it to entrench their grip on their own domestic politics.
- cogman10 7mo ago[flagged]
- mullingitover 7mo ago> no to plastic, "Dow CEO says up to 50% of polyethylene supply is offline, constrained or impacted amid Middle East disruptions - conf call" [1] [1] https://www.marketscreener.com/news/dow-ceo-says-up-to-50-of-polyethylene-supply-is-offline-constrained-or-impacted-amid-middle-east-d-ce7e5ed9d880f721 https://www.marketscreener.com/news/dow-ceo-says-up-to-50-of...
- cogman10 7mo ago[flagged]
- mullingitover 7mo agoEven if there's plenty of supply, this is still a major supply chain disruption that will have ripple effects. Combine this with all the other major supply chain disruptions. This might only raise costs a few percent. Yet for some firms that were just barely keeping their heads above water with the tightened monetary policy, and the tariffs, and now spikes in energy prices, this will be the straw that breaks the camel's back.
- cogman10 7mo agoI agree this is a major disruption, but I don't agree it's the plastic portion to worry about. Oil, fertilizer, helium. These are the things I'm most worried about especially for their knock-on effects. Fertilizer is going to have a long tail. Like, don't expect a food spike this year, but expect prices on food to go wild next year. That alone is going to majorly effect everything worldwide.
- mullingitover 7mo agoGot it, I think we're on the same page generally. I was just rattling off a few things that I'd heard about today.
- ikr678 7mo agoIt's not price, it's availability. You construction will slam to a halt. Plumber neighbour is now hiring security dogs for his supply yard as they now have to deal with theft of pvc and PE pipe, in addition to tweakers going after copper.
- GolfPopper 7mo ago>the dumbest war in our lifetimes While it is indeed foolish, it is worse than foolish, it is evil.
- frankharv 7mo ago[flagged]
- throwaway2109 7mo ago[flagged]
- frankharv 7mo agoI applaud Carter for trying to rescue our hostages in 1979. So sad to see our military failed so badly. The plan seemed conceivable... Yet outrageous. The distance to Tehran so far. Sometimes you got to do something. Even if against all odds. https://en.wikipedia.org/wiki/Operation_Eagle_Claw https://en.wikipedia.org/wiki/Operation_Eagle_Claw
- GolfPopper 7mo agoThe sentiment I see is more like, "Are war crimes, mass deaths, a global depression, and maybe WWIII really worth keeping the earlier crimes of Trump and Netanyahu out of the headlines?"
- otikik 7mo agoholding US Embassy Staff hostage for 444 days Vs Bombing a school for girls
- deleted 7mo ago[deleted]