Originally posted by jwab
Announcement
Collapse
No announcement yet.
Market Bubbles: How Many Boats are We On?
Collapse
Logging in...
Welcome to Agriville! You need to login to post messages in the Agriville chat forums. Please login below.
X
-
-
Originally posted by errolanderson View PostLower costs have propelled Russia while gaining massive influence in global grain markets. Black Sea wheat is now the dominant force.
It may be a factor for sure but let’s face it
As bad as our system is it’s not where near as
Corrupt as Russia. And that’s what has been
Holding them back. Good land cheap labor yes
But the people watching what you do every
Move has a large effect on what is what.
Obviously the drought here and rhe USA has. Had
A profound effect on prices. We ve been
Conned and screwed over for years here by
The sentiment what we grow doesn’t matter
When it’s the opposite.
Putin is not the favorite person other countries
Like to deal
With.
Comment
-
Also reminds me of a conversation with our
Local conservative MP. When asked why a few years back
They destroyed rhe ag programs rhe reply was
Ukraine and Russia will dominate the market anyway
That was quite a while back already. Yes they will dominate
When our govs give up on certain industries. It’s
The way the world works whether people like it
Or not.
Comment
-
If you have the right job, it doesn't matter what happens in the real world:
"Government bureaucrats growing as job losses hit ordinary Canadians"
"There have been 257,400 government jobs added during the pandemic, including an extra 107,700 “public administration†employees added since February 2020.
There are 256,500 fewer jobs outside of government (private sector plus self-employed) than pre-pandemic.
There were 312,825 federal government employees who received at least one pay raise during the pandemic, according to an access to information request obtained by the CTF."
How soon until the Bastille hears the howl of the masses?
Comment
-
Originally posted by burnt View PostIf you have the right job, it doesn't matter what happens in the real world:
"Government bureaucrats growing as job losses hit ordinary Canadians"
"There have been 257,400 government jobs added during the pandemic, including an extra 107,700 “public administration†employees added since February 2020.
There are 256,500 fewer jobs outside of government (private sector plus self-employed) than pre-pandemic.
There were 312,825 federal government employees who received at least one pay raise during the pandemic, according to an access to information request obtained by the CTF."
How soon until the Bastille hears the howl of the masses?
Comment
-
Originally posted by furrowtickler View PostZero jobs there that create wealth but is just recirculated money. Great way to collapse a national economy.
What we see is an entire artificial economy created of non-productive jobs paid with fake money. And not only are the jobs non-productive, they create an endless tsunami of regulatory burdens and taxes for the producing private sector, obstructions which slowly drown enterprise and innovation.
Comment
-
Keep eyes open folks. Job walkouts happening in many industries now over vaxx mandates. SW Airlines overnight, Air Traffic Controllers, ferries, truckers even health care workers etc. Restaurants empty, businesses being boycotted. Vaxxed locking themselves in the basement again. New lockdowns coming.
In the greater economy, shortages, shipping backlogs, covid shutting down ports, staff shortages, resignations, sick leaves, etc. Some factories cant afford to operate anymore with high input costs mainly energy. Gas to $2 per L in some Canadian cities.
This sucker is going to go down.
Interesting times. Protect yourself.Last edited by jazz; Oct 10, 2021, 18:39.
Comment
-
Fairly broad-based commodity sell-off appears gaining momemtum. Even cryptos starting to get shredded.
Is this another ‘buy the dip’ or a break in cash spot markets genuine? Will likely make for heightened volatilty again (IMO) . . . .
Comment
-
-
Originally posted by burnt View PostI can remember quite clearly the days when my banker didn't agree with that modus operandi on my part.
Very clearly.
Indelible.
I once asked my banker if we were reaching the point where if we don't make the payments it is the banks problems.
She normally has a really good sense of humour.
She was quite emphatic when she informed me that it will always be my problem.
So much for that idea.
Comment
-
Oh well, it was a fun thought while it lasted....
A nearby, long-established, 160 head dairy farmer just bought a turnkey, 150 ac dairy operation 120 kg quota, milking around 100 cows. Fairly new buildings, house.
He paid $12,000,000 for it.
An excellent operator, owned about 900 acres up until now, accumulated over the past 25 years.
Comment
-
Some bubbles have broken. Broad-based break in global commodity prices now in-progress. Energies, base commodities, grains all under pressure.
Buyers reverting to cheaper Black Sea supplies. Dropping flax values. Paris wheat under heavy selling. Realize the internet doesn't believe, but food prices could be lower in 2022 (IMO). Inflation now waning (IMO).
Comment
- Reply to this Thread
- Return to Topic List
Comment