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

Should the title be re-worded to expand the scope of the thread?

  • The US Trucking Crisis of 2021 works fine

    Votes: 25 9.4%

  • The US Logistics Crisis of 2021

    Votes: 30 11.2%

  • The US Transportation Crisis of 2021

    Votes: 7 2.6%

  • The US Supply Chain Crisis of 2021

    Votes: 35 13.1%

  • Global Supply Chain Crisis 2021

    Votes: 206 77.2%
  • Total voters
    267
  • Poll closed .
@the fall of man showed me this

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Hippopatumus said:
If you're struggling NOW, before things even really kick off, you are doomed. DOOMED.
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I'm sitting here in Silicon Valley watching as the affordable houses start creeping ever so slowly closer to where I am. We hit lowest housing inventory in January, and since then things have started to reverse.

In 2008, the pattern went roughly:
Gas prices
Commercial Real Estate panic sales
Market crash
Lost jobs
"Technically in a recession"
...and then in 2011 I couldn't afford to live in my own home anymore, even though I'd felt unscathed in 2008. I think we're just starting to get into the weeds here and I'm just going to foxhole and hope all my surplus doesn't get eaten up by cost of living. So far, everything seems to be alright.

I'll be with you all to buy the bottom.
 
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While I haven't looked into the trend specifically, I would like to point out there are literally massive food processing plants everywhere and that the sheer volume of facilities means that in a country the size of the US, you'll see a lot of normal accidents hitting them. A zero point one percent a year accident rate with fifty thousand of the things in the country is gonna give you plants going up in flame every week. The planes pretty bizarre though, I'll give it that.
 
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Traincake said:
Blame Blackrock and that lousy yid Larry Fink. His company is buying up any fucking home it can get.
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It's going to be extremely funny when those unrented homes end up worth less than they cost, due to not being magical self-repairing wonderboxes. Fink will write down a loss and the sales will probably be what actually kickstarts the crisis
 
the fall of man said:
It's going to be extremely funny when those unrented homes end up worth less than they cost, due to not being magical self-repairing wonderboxes. Fink will write down a loss and the sales will probably be what actually kickstarts the crisis
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Merciful god do I hope so. If that cocksucker fails at cornering the housing market, it'd be a wonderful inferno to burn in. At least we'd have cheap houses again.
 
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the fall of man said:
It's going to be extremely funny when those unrented homes end up worth less than they cost, due to not being magical self-repairing wonderboxes. Fink will write down a loss and the sales will probably be what actually kickstarts the crisis
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You're a fool if you think they're ever coming off the balance sheets. Louis Rossmann is good for talking about how real estate in NYC is fucked and some of the buildings have gone multiple decades without occupancy, Blackrock has so much money that they will never be in a position where they need to sell these properties off. What you're witnessing is the modern version of Enclosure, something that occurred over the late Medieval and Early Modern Period in Britain that ended up with the landed magnates devouring the country to the detriment of the peasantry. This cycle has happened over and over in history. In Roman history you have a period of time between the Gracchi Brothers to Julius Caesar himself trying to fix the issue of landed magnates devouring the countryside and replacing the labor with slaves, A large portion of the Crusades was dictated over the the fact that land was at maximum carrying capacity and the Pope wanted to direct the violence out of Christendom, a problem that didn't get resolved until the Black Death killed half if not two thirds of all people in Europe.

This phenomenon is new to the American experience, mass purchasing of land like this was viewed as a taboo and the required funds just outright did not exist, the old Robber Barons of the Gilded Era would be repulsed by the conduct of these dip shits, they were vicious pieces of shit but a large part of their wealth was just civic improvements in an effort to aggrandize their legacy. There was attempts of course, Company Towns are a largely reviled part of US history and the song Sixteen Tons is a folk song describing how awful the whole experience was. But these Company Towns largely died the moment the "Company" went out of business and turned into ghost towns. Blackrock, Bill Gates are doing what was previously unthinkable and have begun to purchase prime real estate in large quantity with the goal to turn the population of the US into permanent renters. Its hard to come up with historical examples of such a large scale shock in the sovereignty of the individual, maybe Diocletian's reforms which turned the average Roman citizen into proto-serfs.
 
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