Posted on 03/29/2021 7:53:59 AM PDT by amorphous
Various types of dog food...yes, high end dog food... has been on back order for a few weeks now.
We go over our list of supplies at least once a month now to see what we need to resupply. It’s a never ending task, but a very necessary one these days, IMHO.
Thanks for your Realville words. I think because my husband is involved the supply chain, it makes me very aware of shortages and how things can go awry easily.
When one cog in the wheel gets stuck, everything else is impacted. Yet another reason why we need to try to be independent in our own country.
I hear you. I go over my replenish list every other week. I just bought 2 more movable storage racks to hold things I’m storing. Lots of basics of things we use and consume regularly. It’s a tough job, but someone’s got to be the Family Inventory Specialist.
I like that.
Good title for the person who manages the strategic reserve ofT TP.
I like the metal ones Lowes and Homedepot sell, in chrome or black, for storage.
A critical position, if there ever was one! I may steal the title for my wife, who does the same. :)
Well... I suppose I will have to decide if I need to rearrange investments to avoid losing everything in some societal collapse.
Thanks!
From what I've been reading on Archegos, I can't find any published explanations why there was a $20 billion margin call, just that there was one. Did a bank fail? Was there a market sector collapse? Did a company go bankrupt? There is ZERO reporting on the cause of the margin call. A total blackout.
Could it be...
GAMESTOP?
From what little reading I did last night, it seems that Bill Hwang was banned in 2013 from trading for five years due to illegal short selling. Prior to being banned, before Hwang went out on his own he worked for a bank that held significant shares in GameStop, until the bank divested their shares after GameStop refused to implement requested changes to their business practices.
Are we going to find out that Archegos Capital Management was an early player in shorting GameStop because Hwang knew they were a poorly run company that rejected improvement suggestions? Are we going to find out that they were the first to get margin called 30 days later?
Are more hedge funds going to collapse now that the first domino is falling, or is this just a coincidence?
All I can say for sure is that the MSM is silent on the reasons for the margin call, and there are no other financial catastrophes that I can think of to warrant a $20 billion margin call on Archegos.
-PJ
That’s a VERY interesting theory! You may be on to something there.
I want things made in the USA for the jobs it creates. I know that makes me a Marxist to th average Freeper. So be it.
That is exactly Right!
I heard the reason for that is there is a silver shortage. It is used making circuit boards. Anyone here know anything about that?
Wanting things made in the USA doesn't make you a Marxist. Using government to get your despotic way, makes you a Marxist. Things aren't made in the USA, because of government interference in the free market. Right now, we can't find skilled craftsmen in our area for home repair because most are drawing COVID unemployment. And why should they work when they can hunt/fish and draw a nice check for doing nothing.
Unintended consequences...of government interference in the free market. Things can't be made here because we no longer have the skills or work ethic in the general population. It takes years for a people to become skillful. We're losing our skill sets, and work ethic, at an alarming rate. And those who are in school now, are worse than those who've just entered adulthood, when it comes to wanting to work.
We need a tariff. Bad policy shouldn't punish US workers and destroy the economies of whole cites and towns. Think big not like a little greedy myopic fool plying init the ChiComs hands.
Fixed it.
Yeah, unfortunately tariffs weren't well thought out. The thinking "big" ended there. It should have included incentives for small businesses which would have given them (on both sides of the pond) advantages over Walmart.
I agree we need "creative" thinking (i.e., "think big"), but it ain't happening in face of moneybag lobbyist who control our government.
All import tariffs are good.
The path we're on now is the path to ruin. We've only picked up the pace.
Ok, we have free domestic market which will drive competition and improve quality.
It's not 1980 anymore.
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