Economic Fallout And Supply
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User Info Economic Fallout And Supply in forum [Market-Ticker]
Pavolley
Posts: 69
Incept: 2016-05-25

PA - Wolf's lair :-(
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Hey Karl, I'm about 12 minutes in listening and looked in after pausing to refresh coffee. What is on the t-shirt you are wearing? IV?
Invisiblesun
Posts: 329
Incept: 2020-04-08

Maryland
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Great commentary. The economy is collapsing before our eyes. Ruin brought about by the insane monetary & fiscal policy of the government and by totalitarian Covid policies.

The elite despise the common folk. But as you like to say, Karl, there are a whole lot more common folk than there are those in the top 5 percent. The common folk are seeing the economic decline - empty shelves, prices of food doubling, gas prices up 75%, cancelled flights, restaurants closing early, crappy service when the stores are open.

The economic failure cannot be hidden and the blame lands on one man - Jackass Biden. He will take the baton from Jimmy Carter as the worst American president ever.

But then what? This is where we are in uncharted territory. Dump Biden and the GOP retakes the Senate. Can't have that. But keep Biden and the anger will mount.

The entire cadre of American political leaders deserves to be fired. So the game is to find a fall guy, a scapegoat, to take the blame and keep the rest of the criminals in power.

I assume all the Democrats leaders have their knives sharpened. They are wary of being taken out and they are keen on identifying and taking out those who are a threat to them. I assume the only way to get a bead on the skullduggery is to see what rumors get printed in the Washington Post & NY Times.

As Biden is just a prop, the real blame lies on his handlers. Who are they? Who is whispering in slo-Joe's ear to have him say the idiotic and demonic things he says? That is the real danger. Biden is the perfect cover for the American Communists. Biden will depart the stage, but the producers will still be at work. Who are they?


Blackswan
Posts: 6458
Incept: 2007-11-06

Philly - FEMA region 3
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I work in the chemical and coatings industry. Sales are strong this year and we are purchasing way ahead to avoid shortages and higher prices. Our inventory is very high about 25% higher than I have ever seen for these sales levels. Sales have slowed a bit this past month. Who knows how this plays out..

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Its easier to fool people than to convince them that they have been fooled. -Mark Twain
Crazyeddie
Posts: 1
Incept: 2010-09-22

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Pavolley: That looks like a caffeine molecule.
Tickerguy
Posts: 177955
Incept: 2007-06-26
A True American Patriot!
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It is.

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I don't give a flying **** if you're offended.
Whitehat
Posts: 6180
Incept: 2017-06-27

Elsewhere
Online
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The host pronounced your name correctly. Nice. Little things show discipline and impress me regarding a reporter or interviewer.

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smiley

"Better to reign in Hell, than serve in Heaven," Satan's monologue in the first book of John Milton's Paradise Lost
Qqqball
Posts: 6
Incept: 2007-12-03

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Karl,

Haven't seen your mug in a long time. Looking good KD since you lost the weight. You look much younger! Thx for all the blog posts.
Ktrosper
Posts: 4740
Incept: 2010-04-06

ft collins co
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Brilliant discussion thank you.

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The unexamined life is not worth living.-Socrates
The only stable state is the one in which all men are equal before the law.-Aristotle
Liberty exists now in the spaces government has not yet chosen to occupy.-Doc Zero
I anticipate that 10 Dallas Cowboys Cheerleaders will blow me this evening.-K.D.
Jfms99
Posts: 474
Incept: 2009-10-06

Maumelle, Ar
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I was in Kroger the other day looking for some COQ10, the prices for only this vitamin supplement was out of sight. $55 to $69 a bottle, one free I think. Crazy.

I checked Swanson and Amazon and the prices were what I consider normal, $8 to $15. And the Kroger stuff was name brand, and all the brands were priced like this for that supplement.

By the way I am reminded of the story on investor John Templeton, In about 1939 he borrowed money for family and friends, about $5000, to $10,000 and started buying the Blue Chips for pennies on the dollar, then the war broke and had his Mutual Fund start and never looked back. I can see that opportunity coming again, I only hope I have enough cash on hand to do it.
Inline
Eternalblue
Posts: 4933
Incept: 2007-08-09

PNW
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nice upside down flag
Cmoledor
Posts: 325
Incept: 2021-04-13

Akron Ohio FEMA region 5
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Outstanding discussion as always. And as always, you teach in a way that even people less than up to par on financial dealings can understand quite easily. Thats one hell of an attribute Karl. As you full well know. Keep it coming good sir. Much respect. Cheers.

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The whole world is one big ****ing scam
Why are you giving a vulgarity warning here? Our genial host is an advocate of both skull****ing and sodomy via rusty chainsaw. Credit to Rollformer
Ajkalian
Posts: 67
Incept: 2015-09-16

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Probably the best example of a government doing stupid things to combat inflation.

Hard to believe anybody could possibly think this would work to solve any monetary problems.

.
Inline
Invisiblesun
Posts: 329
Incept: 2020-04-08

Maryland
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Karl & Ticker readers, may I suggest this response by American patriots to Covid terrorism.

Let's roll

Are you paying attention CEOs? Are you paying attention politicians? Bluster & threaten all you want. We don't care. We value freedom more than money. We value the integrity of conscience more than our lives. You don't believe us? Then you are in for a surprise.

Let's roll

Remember CEOs and politicians, you will never win a negotiation with people who have nothing to lose. So the question becomes, how much are you willing to lose? We don't work. Your product and service doesn't sell. You get nothing.

Let's roll
Merkinmuffley
Posts: 12
Incept: 2021-09-10

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Being in the steel construction industry, this is how it currently goes, but Karl is right:

>Bid is quoted in today's prices.

>Price is adjusted based on steel prices at time of award.

>If the steel is on the warehouse floor, the customer is covered.

>If you need to get on a mill rolling, you pay whatever the mill decides it's worth once it ships, and the contract is adjusted again.

It used to be that you could get a quote from the mill and it'd be good until it's rolled and delivered. Now they tell you to pound sand.
Tdurden
Posts: 1160
Incept: 2015-01-29

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So Southwest Airlines had to cancel around 2000(!) flights this weekend. Just could get enough people to show up for work. Perhaps that vaccine mandate policy is biting them in the ass. 2000 flights...imagine how much money those ******* executives cost their dumbass shareholders.

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"I'd like to live just long enough to be there when they cut off your head and stick it on a pike as a warning to the next 10 generations that some favors come with too high of a price." -Vir Cotto Babylon 5
Crossthread
Posts: 10121
Incept: 2007-09-04

Surf City/Sloop point, NC
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Excellent Interview..

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Quote:
I've no more ****s to Give, because, It was a republic if you could keep it at all, We lost, RIP #Merica

HOLD MY BEER! [beer]
Where's Kyle Rittenhouse when U need Him?
Nickdanger
Posts: 1014
Incept: 2011-06-12


Online
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Excellent interview. Always enjoy your conversations.

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-- I'm in the control group

-- In life, it's important to know when to stop arguing with people and simply let them be wrong.
Kck76
Posts: 6
Incept: 2021-09-12

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God bless those Southwest pilots.
Prof_dilligaf
Posts: 31
Incept: 2021-09-02

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@Jfms99 - I don't think the coming war with China is going to provide much of a portfolio boost.
Broadsword
Posts: 1
Incept: 2021-07-30

19422
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Karl,

Do you think the Gubment's fail-safe is nationalization of all retirement accounts? SEPs 401Ks 403Bs etc?
Tickerguy
Posts: 177955
Incept: 2007-06-26
A True American Patriot!
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@Broadsword - Oh please. "Fail-safe"? You're joking, right? Have you given five seconds of thought to what happens if they were to attempt something like that?

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I don't give a flying **** if you're offended.
Robodog
Posts: 437
Incept: 2011-06-12

Land of Nod, east of Eden
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Regarding nationizing retirement accounts, I think it's in their playbook but not before the Fed tries to monetize 100% of new treasury debt (maybe also buy common stock shares to buoy prices). Just like I think any measures instituted will only be to insure the ruling classes & their apparatchiks stay where they are at the apex of the pyramid.

Btw, prig that I am, a small bean-counter quibble: while tangible assets are depreciated, i.e. plant, property, equipment, intangible assets, i.e. patents, software, goodwill, are all amortized.

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...every election is a sort of advance auction sale of stolen goods. H.L. Mencken
...a strong religious conviction that God expects an oppressed people to defend their rights. T.H. Breen
Interesting...The truth usually is, once you get to it. Disclosure, 1994
Grf
Posts: 1427
Incept: 2008-12-08

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They stole peoples retirement accounts in Argentina IIRC and the people did nothing. So they wont do **** here either. Sheep.

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"Every time we on TF talk about God and gays, God frees a banker and gives him a bonus." --me
"Your farts are interstate commerce and if they want to stick a muffler up your ass they will do it." --Boughtthefarm
Susanlauren
Posts: 747
Incept: 2021-05-01

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Karl, I appreciate your insights. I was able to walk away from my job and I have the resources to "wait it out" because of that "no leverage thingy." One of the lessons my parents taught me was to stay out of debt and live within your means.

I have made multiple sacrifices and have lived frugally to make that (debt free) happen. Meanwhile, I am watching people around me who have lived the finer things in life (all the luxuries) now in real difficult decision making situations because of the vaxx mandates.

These folks could have paid off their home and been in a much more solid financial situation (as compared to where they are) but did not do so. I imagine a lot of people are in that situation and may pay for it with their lives.

I don't know if anyone really knows the true cost of items today - from stocks, to houses, to groceries, to companies, to consumer goods. We live in unprecedented times. I think things will get worse before they get better and it is just a matter of getting to the other side.
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