We’re headed to a recession
We’re headed to a recession
We still produce our own eggs, milk, ammo and chewing tobacco. We good.Local business roundtable this morning was a bit sobering. We have a couple facilities in this area that repackage/fill various household supplies from cleaning products to small appliance consumables. They both are looking at reduced working hours beginning today and not working at all on the weekend. Orders are down to retailers and the some of the consumables are in short supply or outright unavailable due to tariffs. Think plastic containers for chemicals to coffee. There are some domestic sources but the prices are high and they can't meet volume anyway.
There will be (not even a question at this point) a lack of product on store shelves in some areas as we head into Memorial Day weekend. Higher prices will be a given as well. Even if everything went back to normal tomorrow we're still going to get hit with the shortage crunch although not to the scale of Covid times.
In other news, if you're like me and don't appreciate all the noise from fireworks, you may be in luck. Orders normally would be placed right about now for 4th of July sales. There are domestically sourced fireworks for the really big shows but all the crap you buy off I-95 is straight from China. They may very well only have leftovers from NYE available this summer.
The issue is that almost everything needed to get those products to the shelves is reliant on trading partners.We still produce our own eggs, milk, ammo and chewing tobacco. We good.
Let the CCP burn. Lot of unrest spilling out into streets over there. Their govt is hot garbage in more ways than I can count, Trying to rule world on the backs of their citizens and to a lesser degree the backs of working class America.