They know a food shortage is coming. Just bought a 20 lb bag of rice, bunch of pasta, flour bag, corn meal bag, beans, cans of evaporated milk, instant oats, bottle of vitamins. Stuff that lasts a long time. Doesn't take up too much room. I figure I have enough for about 6 months.
I'm out, last round I really only just bought a few extra cans. The Lord will provide.
Side note, what will the panic buy item be this time? People won't fall for toilet paper again (okay they probably will but it'll look suspicious. What other aisle is easy to clear out with large inexpensive items?
Toilet Paper was never a 'panic buy'; real market forces caused it be sold out.
Before the lockdowns, about half of all TP usage was commercial TP (in those big rolls) and half was home. Once the lockdowns hit, that went to 90/10 or worse. This means commercial TP isn't getting used and home TP is getting used a lot more. If you just needed 'TP' you could always buy the big commercial rolls, but the residential rolls were what disappeared from store shelves.
TP is a low margin industry that's completely replaceable, which means any company in the space is working off of extremely tight margins made possible by very efficient manufacturing plants. This means they can't just ramp up production because trying to do so efficiently means more plants, which takes a long time (and would be unprofitable as soon as the the lockdowns stop).
This is why residential TP took so long to stabilize, and why we still see shortages and purchase limits.
The toilet paper never really recovered fully, it's not fully restocked (there's still limites on amounts you can purchase at costco for instance) and prices have gone up and I hear repeated stories about a global paper shortage so I'd suggest you stock up on tp just in case, besides it's one thing that you will always use eventually and will never go bad. I have personally stocked my supplies of paper and shipping/packign supplies for my business as well as toilet paper very heavily to be on the safe side. Sooner or later i'll use it up and it's better to be on the safe side.
The world bank can't be so stupid as to think that such a message would do anything other than backfire anyway. So I say it's a fake out, they WANT you to hoard food and fuel, probably to cause more food and fuel shortages, but since those shortages will likely come, then you should still do it, just make sure you do it FIRST before most others. ;-P
Hopefully the tax collectors don't find it.
My question is why is the world bank making that statement and not Dept of Agriculture?
They know a food shortage is coming. Just bought a 20 lb bag of rice, bunch of pasta, flour bag, corn meal bag, beans, cans of evaporated milk, instant oats, bottle of vitamins. Stuff that lasts a long time. Doesn't take up too much room. I figure I have enough for about 6 months.
I'm out, last round I really only just bought a few extra cans. The Lord will provide.
Side note, what will the panic buy item be this time? People won't fall for toilet paper again (okay they probably will but it'll look suspicious. What other aisle is easy to clear out with large inexpensive items?
Same with unvaccinated semen. White gold!
Toilet Paper was never a 'panic buy'; real market forces caused it be sold out.
Before the lockdowns, about half of all TP usage was commercial TP (in those big rolls) and half was home. Once the lockdowns hit, that went to 90/10 or worse. This means commercial TP isn't getting used and home TP is getting used a lot more. If you just needed 'TP' you could always buy the big commercial rolls, but the residential rolls were what disappeared from store shelves.
TP is a low margin industry that's completely replaceable, which means any company in the space is working off of extremely tight margins made possible by very efficient manufacturing plants. This means they can't just ramp up production because trying to do so efficiently means more plants, which takes a long time (and would be unprofitable as soon as the the lockdowns stop).
This is why residential TP took so long to stabilize, and why we still see shortages and purchase limits.
He works for Big TP.
The toilet paper never really recovered fully, it's not fully restocked (there's still limites on amounts you can purchase at costco for instance) and prices have gone up and I hear repeated stories about a global paper shortage so I'd suggest you stock up on tp just in case, besides it's one thing that you will always use eventually and will never go bad. I have personally stocked my supplies of paper and shipping/packign supplies for my business as well as toilet paper very heavily to be on the safe side. Sooner or later i'll use it up and it's better to be on the safe side.
Yes, always do the opposite of what they tell you.
Putin suspended fertilizer exports from Russia due to the sanctions (13% of world's production is in Russia, of which I'm not sure how much they use).
Fits in well with the supply chain disruption theme of 2022.
The world bank can't be so stupid as to think that such a message would do anything other than backfire anyway. So I say it's a fake out, they WANT you to hoard food and fuel, probably to cause more food and fuel shortages, but since those shortages will likely come, then you should still do it, just make sure you do it FIRST before most others. ;-P