Wow, my little humorous post regarding the dung shortage was removed? I made absolutely no mention of politics on either side of the aisle. Aren't we getting a little sensitive? My little humorous comment was right on target too. Now my feelings are hurt.

Ron

 

Wow, my little humorous post regarding the dung shortage was removed? I made absolutely no mention of politics on either side of the aisle. Aren't we getting a little sensitive? My little humorous comment was right on target too. Now my feelings are hurt.

Ron

Maybe because it contained "Washington, DC" in it?

 

Maybe because it contained "Washington, DC" in it?

I can always count on you for a good chuckle. Thank you.

Ron

 

Want to hear something even more humorous, he wasn't joking.

 

Want to hear something even more humorous, he wasn't joking.

So mention of Washington DC is not a good idea? OK, got it. Can we mention individual state capitols? I mentioned in the very beginning of this thread how difficult it would be to address inflation less politics. I simply do not see a way around that. Anyway I won't lose any sleep over it. I still find it humorous.

Ron

 

If I were to talk about Texas, and express how I truly feel about their government ( which is my government) that would have to be censored. So I don't. The problem is, anytime you talk about Washington DC, it will almost certainly involve politics and opinions. Easier just to not bring the subject up. Let's talk about electronics instead, I wonder if the price of ICs is going to go up?

 

It's not DC, it's Omicron now.

https://www.bloomberg.com/news/news...ain-latest-omicron-supermarket-food-shortages

Supermarkets in Australia are running out of groceries like it’s 2020.

Two years ago, as lockdowns rippled across the world, panicked hoarders cleared Australian shop shelves of survival rations such as flour, lentils and — of course — toilet paper.

This time it’s different. Local supermarkets are struggling to get their produce into stores because so many key staff are in isolation, either because they have the omicron Covid-19 strain or are close contacts of confirmed cases. It’s also an issue elsewhere — the highly contagious variant is disrupting U.S. food supply chains and will likely cause more shortages.

https://www.cnbc.com/2022/01/07/omi...shortage-supply-chain-woes-for-retailers.html

A soaring number of sick, exposed or overworked employees has caused retailers and restaurants to take unusual steps as their existing labor problems worsen. Macy’s cut store hours at locations across the country for the rest of this month. Walmart temporarily closed nearly 60 stores in December in coronavirus hot spots. And other employers, including Starbucks, Chipotle and Nike have been forced to close some of their doors as they simply don’t have enough people to keep them open.

 

Let's talk about electronics instead, I wonder if the price of ICs is going to go up?

I have no idea why we would discuss electronics in an online electronics forum but OK we can do that. Will the cost of electronics in general increase? Yes and we see not just shortages but cost increases in electronics, as well as everything else. Here is how I see this playing out. They say America's needs move by truck. That would be true be it truck or rail consumer goods need to get from point A to point B somehow. Trains, boats, trucks and planes all use fuel. Fuel cost are rapidly increasing. Yes, that 69 cent IC is now a 99 cent IC.

Next enter what was just mentioned. I am reminded of my childhood when everything was closed on Sunday. You could drop a dime in NYC and hear it hit the deck a block away. Major retailers are cutting back on not only days open but daily hours open.

All things considered I seriously doubt we well ever again see a price index like we had just a few years ago. With luck that now 99 cent IC may drop a little but it will never be a 69 cent IC again.

A few years ago my wife began an ongoing argument with cancer. This added things like grocery shopping to my list of things to do. We have a nice large pantry room off the kitchen with a nice large freezer. When I go shopping and see a good price on frozen or canned goods I buy. The same is true of anything in a can. Next week the same can of tuna fish will cost more so as long as I have storage space I buy now while it's there and lower priced than a week from now.

So not just electronics but just about every commodity will continue to increase in cost. The real problem is how to fix this since it is actually a global mess.

Ron

 

The real problem is how to fix this since it is actually a global mess.

Ron

One possibility.

 

Interesting stuff.

Ron

 

No shortages of this

 

Gee.... I wonder why...
On the electronics front, first china post increased their postal rates quite a bit. Now, with the global shortage of electronic components they have also raised the price of their "replica" components. I guess the price of dirt has also gone up?

 

That stuff is nasty.

 

That stuff is nasty.

Impossible veggies.

 

Gee.... I wonder why...
On the electronics front, first china post increased their postal rates quite a bit. Now, with the global shortage of electronic components they have also raised the price of their "replica" components. I guess the price of dirt has also gone up?

shipping costs went up because USPS decided that China should not have subsidized postage rates any longer. It’s still cheap compared to how much it costs to ship a package in the US.

I‘ve heard that China is headed towards a financial ruin… they have no access to investing in the market or crypto, so they put their money into real estate, their real estate prices are 40 to 45 times earning. It’s gotten so bad, they build buildings that are not even meant to (can’t) be lived in.

 

shipping costs went up because USPS decided that China should not have subsidized postage rates any longer. It’s still cheap compared to how much it costs to ship a package in the US.

I‘ve heard that China is headed towards a financial ruin… they have no access to investing in the market or crypto, so they put their money into real estate, their real estate prices are 40 to 45 times earning. It’s gotten so bad, they build buildings that are not even meant to (can’t) be lived in.

Talk about real estate... BC assessments came out and they are up by 30-40% over the year. I watch in shock what people are buying and for how mich and cannot fathom where the money is coming from...

A house I bought 5 years ago for 175k is now assessed at $330k...

And here is a gem - https://www.abbynews.com/news/house...operty-list-was-built-by-chinese-vip-gambler/

 

I bought my house in 1984, for the price of $54,000. It now assesses more than $200,000. I feel very sorry someone trying to get into the home market in Dallas.

 

I bought my house in 1984, for the price of $54,000. It now assesses more than $200,000. I feel very sorry someone trying to get into the home market in Dallas.

I bought my house in an affluent suburb of Boston in 1980 for $60,000. I sold it in 2017 for $500,000. It was flipped and sold twice by 2020. The last sale price was $800,000.

So I feel even worse for someone trying to get into the home market in Boston.

 

Thanks for the reminders because it's that post festive time of year when the county wants their property tax money. Wish, even in a current seller's market we could sell for what the county seems to think the home is worth. February and July every year I feel their hand in my pocket.

Ron