Global Supply Chain Crisis 2021: Megathread - A cozy thread for watching the supply chain fall apart just in time for the holidays

[Donttouch2323]

From @Carlos Danger in the biden thread.

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A Walmart I used to work in did this when they were changing the layout of the store. It was done so that people would have to cover more of the store to buy Christmas and Halloween candy and decorations then in previous years. So there are "benign" reasons to do this.

 

[NJBear]

I don't know if this relates to the supply chain crisis, but I just tried to get gas and couldn't because the station I usually go to was completely out of regular. That's never happened to me in my entire life.

NJ a few weeks ago drop 8 cents from the gas tax. The merchants since then have raised the price 20 cents.

Update. Now in one day up another 10 cents. $3.50 I mentioned it to the clerk and he said "It will be at $5 a gallon by sometime in November."

Just FYI, back a decade ago the UK had a shortage and the price was equivalent to $10 a gallon. Many motorists then began to drive slow including acceleration. But a Drive club in the UK said that is wrong. The best fuel economy is moderate acceleration(for your model) and 55-70 mph on the highway.

 

[RussianParasite]

Its not just one thing, its everything, there is about to be a massive steel shortage because China has no coal, let alone coke, to refine the stuff they mine. Chinese Steel is used heavily to cut costs in construction and almost every other industry larger than your garage blacksmith. This map is nearing on a month old and the problem has only deepened, its likely China may literally go without electricity in many regions this winter:

Slight PL but it is my business to know shit about commodities.

No, there isn’t going to be a steel shortage— there already was one. Steel prices around the world hit record highs last month and are coming down (pretty rapidly, just like iron ore prices). There is also a fuck load of new steel making capacity coming online in most of the world. Yes, China’s far and away the largest manufacturer of it (10x US output), but that material doesn’t make its way to either North America or Europe due to extremely high tariffs put on Chinese steel years ago. Also of note, countries like Turkey and the US primarily rely on remelting steel scrap to make finished steel. Iron ore isn’t really a big consideration in terms of cost.

Electricity shortages are a problem for manufactures of finished goods or those that import them from China. Not raw steel— just products that can be made from it.

ETA: oil prices are unlikely to hit $200/bl anytime soon. While OPEC+ nations said they would not increase output, the shale gas revolution in the US/Canada means there is a fucking ton of oil that can be produced domestically. The $200/bl level would literally double the break even price of almost all oil plays in North America and companies would be producing like nuts. OPEC, as a cartel, is also notorious for having internal “cheaters” that produce more than they agreed to to take advantage of high prices.

As the saying goes in commodity trading: the cure to high prices is high prices, and the cure to low prices is low prices.

 

[mr.moon1488]

This is why outsourcing our manufacturing base to what is, regardless of whitewash, still a third-world shithole was a horrible idea; thank you James Carter, Ronald Reagan, George H. W. Bush, William Jefferson Clinton, George W. Bush & Baraka Hussein Abu Oumama.

You forgot Nixon going to China in the first place.

And Wilson for making the practice of outsourcing profitable in the first place.

 

[Uncle Buck]

And Wilson for making the practice of outsourcing profitable in the first place.

I suppose, then, Lincoln as well for starting us on the road to Central Banking.

 

[RussianParasite]

I suppose, then, Lincoln as well for starting us on the road to Central Banking.

It’s really all George Washington’s fault when it comes right down to it.

 

[Never Scored]

It’s really all George Washington’s fault when it comes right down to it.

Realistically it's those god damn Neolithic farmers whose agrarian societies gave rise to centralized governments.

 

[TenMilesWide]

Realistically it's those god damn Neolithic farmers whose agrarian societies gave rise to centralized governments.

The first ape to hit two rocks together is the source of all our current woes.

 

[Art Kassul]

This has been happening for the past few months, but the price of canned carbonated water has more than doubled.
And this could be a coincidence, but the two times I’ve drank soda from a restaurant in the past month that came from a fountain, both times had very low carbonation as well.

Surely a deficit resulting from carbon credit issuances. Climate crusaders screw us again! "Nooo, we must reduce out carbon footprint," they say, as they sit back in their fancy mansions sipping bubbly Coca-Cola through a plastic swirly straw. Hippies did this.

This is pork brains, not cow brains. The only “danger” in this is the 1080% of your daily recommended dose of cholesterol, but it’s OK because it’s the GOOD kind of cholesterol.

I asked to pork their brains out, not out their pork brains! This is all wrong!

 

[Gar For Archer]

Realistically it's those god damn Neolithic farmers whose agrarian societies gave rise to centralized governments.

It’s actually mostly the fault of the Ice Age ending. Humans evolved in a pretty inhospitable environment that wasn’t very conducive to large settlements, and then suddenly things got warm and mankind started to form the first civilizations.

 

[JohnDoe]

However, I'm thinking of a more nasty Mel Gibson kind of political terror situation where roaming gangs of diversity are a problem. Perhaps instead of stocking up on foods with calcium, zinc and magnesium, I should make friends with those that have stocked up on lead.

Thats the real secret. You want to be part of a community of people that have each other's backs in time of crisis. Worst comes to worst my town is going to close all but one road to vehicle traffic and take care of ourselves. We're well supplied with the means to produce and protect food. It helps that the whole town is completely ethnically homogenous and we're a bunch of Christfags.

 

[NJBear]

Realistically it's those god damn Neolithic farmers whose agrarian societies gave rise to centralized governments.

It started when the Cro magnum 457 man bitch slapped other hominids.

 

[Billy Beer]

If the space rock hadn't have hit the dinosaurs, this would be their mess to sort out. Pussy arsed lizards.

 

[Kuritan Deplorable]

It started when the Cro magnum 457 man bitch slapped other hominids.

Cmon guys, we all know what to really blame for human civilization.

 

[Frostnipped Todger]

Driving to work this morning (Melbourne outer suburb), saw unleaded for $1.96/litre.
Australian prices fluctuate all the time, but I haven't seen it that high ever before.

 

[WeDon'tNeedToWhisper]

Walmart was out of celery today

Next time that happens just buy some crunchy water instead.

 

[tehpope]

Driving to work this morning (Melbourne outer suburb), saw unleaded for $1.96/litre.
Australian prices fluctuate all the time, but I haven't seen it that high ever before.

For us non aussies, what's a regular price? Cause 1.96 would be a dream in America.

 

[Knight of the Rope]

For us non aussies, what's a regular price? Cause 1.96 would be a dream in America.

God damn.

 

[Lord of the Large Pants]

If the space rock hadn't have hit the dinosaurs, this would be their mess to sort out. Pussy arsed lizards.

In the beginning, God created the heavens and the earth...

That bastard.

 

[Frostnipped Todger]

For us non aussies, what's a regular price? Cause 1.96 would be a dream in America.

Regular price is between $1.15-$1.50ish.
The price fluctuations are seemingly random, and often extreme.
For example, I used to work in a part of town where one petrol station changed its prices at 6am, and another about a kilometre away changed its prices at midday. Several times, I'd drive past and see that the price had gone up or down 40-50 cents overnight, so I knew where was the cheapest place to buy that day.