At the moment going through commodities not many seems like in an unprecedented price range.
The only one currently I have found and never was in price ranges like this before is Lumber.
Clearly we are in a crises but not unprecedented see around 2008-2010 and all recovered. Situation different know as imo this 0 covid strategy is a Chinese warfare against other countries and the hars reaction in the west is basically a mitigation to it: move, consume live less.
We are literally in a commodity super cycle though, and the prices are pushing both inflation (via demand and lower factory output) and overall prices up. Electronics are going up, everything is going up, and it's not merely printing money.
There is no recovery. How do you see recovery from this in any meaningful way ? Even the WEF morons are saying there is no recovery short term.
People are consuming more too but there are other pressing matters.
There isn't enough everything for everyone. That is the gist of it.
At the moment going through commodities not many seems like in an unprecedented price range.
The only one currently I have found and never was in price ranges like this before is Lumber.
Clearly we are in a crises but not unprecedented see around 2008-2010 and all recovered. Situation different know as imo this 0 covid strategy is a Chinese warfare against other countries and the hars reaction in the west is basically a mitigation to it: move, consume live less.
We are literally in a commodity super cycle though, and the prices are pushing both inflation (via demand and lower factory output) and overall prices up. Electronics are going up, everything is going up, and it's not merely printing money.
There is no recovery. How do you see recovery from this in any meaningful way ? Even the WEF morons are saying there is no recovery short term.
People are consuming more too but there are other pressing matters.
There isn't enough everything for everyone. That is the gist of it.
Obviously the problem is not price. Price is a problem also. The problem is what you usually picture here is the economic warfare between countries.
My general hope are the following:
-not easily stored resources 'overflow' like natural gas and the country must sell them
-economically will be not viable strategy for long to hold back or to manipulate the market