Posted on 06/11/2022 7:44:50 AM PDT by FarCenter
Thanks Brandon...
Amazon is now subletting space in some of their warehouses. If that’s not a giant red flag, I don’t know what is.
Lumber is collapsing.
Meanwhile, I have heard that Costco is not having the inventory bloat problem. So I’ll buy the stuff on sale at the places that do have that problem.
The truth is sitting in the back room of the retail store of your choice right now.
When times are bad, people tend to look for discount outlets.
This may be a good time to buy Dollar General stock.
I have a theory on this whole thing. I belive this whole thing is intentional and the idea was for some central planners to manage a decline.
But I think the world economy is so complex that it cannot be understood or predicted even by AI. I think some things have been done, and I don’t think they can be undone. I think an unimaginably complex system has been seriously distorted and now we’re seeing weird 3rd, 6th, 100th order effects. Tampon shortages... WTF? Oversupply? didn’t see that coming. I suspect these perturbations will build on each other, growing in amplitude until the system suddenly blows apart. Slowly at first, then fast.
Anyway, just a theory. If it’s right I suspect there is nothing we can do about it now.
I watched two contrasting youtube videos from different channels last week that were interesting. One was a trucker talking about the back room of Sam’s club. He said he’d never seen the place so stuffed to the gills. The other was regarding Costco. This guy said their inventory appeared lower than normal.
Make of it what you will.
We didn’t have to spend the thousands in stimulus checks we are currently paying for with this inflation, but when i read this article a few days ago, i have been watching certain goods like TV’s….most likely do nothing, but if they get in 50-75% discount, who knows…either way, the article is dealing hard facts
“Lumber is collapsing.”
Because it is priced at 4 times 2 years ago.
And because new home construction is dropping. (Interest rates rising)
And we are facing a recession that I believe cannot be avoided, not matter who wins in November.
If the #ComDems are defeated in November (over their election fraud), that is the path out of the recession.
The Traitors to the Nation must be identified and eliminated from anything to do with government.
The Handwriting is on the wall.
In the words of Genesis, “do you know what you have done, do you know what you’ve begun”....
We’ve got to move these refrigerators
We’ve got to move these color TVs
Yep. Completely agree. and we saw it coming. It’s why I stopped all lumber purchases, even though I’m trying to be on a building spree. The heavy work will come later, when OSB sheets are back to $7 - or even lower.
My biggest regret is that I didn’t refill my 250 gallon gas tank (for my cars and farm equipment) when I could have for $2.30 a gallon. I thought the price was a blip. At that time it would have cost $575. Now it will cost $1200. It’s still got about 50 gallons in it and I’m using it strictly to fill my zero turn mower, chain saw, log splitter and weed whacker.
They have done that forever. They also sublet their work force, fulfillment infrastructure, servers, etc. Those sublets are the profitable part of the business.
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