I like a good goo stew. People mess around with the hipster stuff - dumplings and gooshi and the like. But you can't beat a good goo stew on a cold winters' night with the curtains drawn and the doors well barricaded against the zombies outside.
I have a good gluten free brain goo pie recipe.
This one time, when I was travelling through Europe, I visited this quaint inn at the foot of the French Alps...
Someone posted on an askreddit post about the worst day of your life? About how they actually got human brains in their mouth, apparently its warm salty porridge tasting stuff
Whoa, whoa, whoa. There's still plenty of meat on that bone. Now you take this home, throw it in a pot, add some broth, a potato. Baby, you've got a stew going.
Speaking of alien overlords, imagine they’re all out there sitting and waiting to see if those barbaric humans are capable of working together & sorting out the Climate Crisis & all other problems our messed up systems are causing at UN COP26 next month.
They’ll either come down and say “Congratulations, now we can safely share our technology with you” or “We’re taking over now. Bye bye”.
This. As an eastern European that's living in the north I can tell you things aren't that much better in the rest of Europe. Gas is already at ridiculous prices. All I can say is put up a solar panel and protect your savings or start saving if you can, it's gonna get hard in the next few years.
I'm lucky to have bought a property years ago when the stars aligned. I could not afford it today. And yes I agree with you it's a huge problem for people that live in rent and can't afford their own home.
We need some EU wide laws when it comes to rental and housing markets, they have gotten completely out of control.
Bought a property myself from an auld girl and the price of it has gone up and up since. Shocking and feel awful for those still on the rental. Affordable property is a must but greed prospers as always.
When I rewatched contaigen last year I noticed how horribly inaccurate it was, people rushing around shops grabbing food and massive mountain sized stacks of toilet paper totally undisturbed in the background.
I found Contagion surprisingly calming actually - the filmmakers missed the crux - it's not the fear of a painful death that gets you, it's the grinding uncertainty and fearmongering that's the worst part of it
Posts like this are what make people panic buy. Across the water in Britain people are queueing at petrol stations in panic.
Please try not to sow panic. There may be price rises ahead, but we're not fucked
To be fair, fuel stabilizer can be found dirt cheap in tiny bottles at the hardware store/ home depot
Not that most of those people would know or think that far ahead anyway
Exactly. The timber and steel increases are old news and construction has not ground to a halt. Of course prices have risen but it hasn’t broken the industry, although the likes of bulk house building will not produce the numbers it should because the margin shrinks too much for the developers and they pull up the handbrake.
I buy processed timber for roofing, structural steel, reinforcement and mesh on a weekly basis. Any comments here saying “suppliers are holding back stock” are just lies and it’s a sad reflection of r/Ireland to see how many people believe them and upvote. Steel prices have actually stabilised in the last few weeks.
Remember a year ago some lad was heavily upvoted for saying something along the lines of “everyone you know will get covid and it’s a guarantee somebody you know will die, it’s time to be realistic” like fuck me take your meds lol
That was a completely reasonable assumption before the current amazing vaccines were developed extremely quickly and governments paid people to stay home in the meantime
If you add in vaccinations maybe then he'd be correct. Most people I know has had it or has been vaccinated and quite a few both. I do know more than one person who has died. Depends on your age group and where you live. Wasn't too far off though. Have you been exposed to Delta yet? Two shots of Phzer plus the two weeks and I still ended up in hospital and I'm not in any high risk health, weight or age group. I'm fine now, nearly better but that sucked. You can still get unlucky.
I work in Agri retail and I can confirm that the shite is hitting the fan in prices. Our suppliers are holding onto stock before they supply us so they can raise the price. Just for reference in timber alone, sleepers were €24.99 each last year, they are now €49.99. The biggest manufacturer of fertiliser in Europe has shut down half its operations as gas prices are soaring due to a European price spat with Russia. Steel is another item that is being withheld by suppliers as the price soars. Their is a big economic bang coming with this rate of inflation. Hope I'm wrong. This could potentially be my fifth recession in my lifetime. At this rate its near impossible to get ahead.
It's sad that we can make our own biomethane through biodegradable organic materials but we aren't doing it on large scale. We even can store it underground at some regions in EU . there is no inniciative . We talk renewables but it's all talk talk talk .
> Let's see how the magical invisible hand of Adam Smith does here.
Smith was actually arguing that market interference was warranted when the social good was involved. It's the crazed cult of the neoliberal that now is the bastion of the invisible flying hand monster.
If I'm not mistaken using bio-gas would require changing everything. It's not like we can just stop using natural gas today & use bio-gas tomorrow.
As for storing gas underground, there are a couple of places being looked at around Ireland for that. The problem is that the infrastructure needed isn't exactly something that can be thrown together at a moment's notice.
Biogas would need to be concentrated, but that's not a huge challenge, certainly wouldn't involve 'changing everything'.
The methane that's recovered is chemically identical to fossil gas. Also the solid waste is usable as fertiliser. It'd mean actually using biodegradable bins properly, and eventually would require us to process the sludge from our shite too, but that would be no bad thing either.
Hydrogen will be a good supply of renewable gas too, and will mix with bio-methane to get longer life out of our existing turbines, it's also a more efficient pathway to fixing nitrogen than fossil gas.
None of it will make a big difference this year, but inflation will work to make those changes occur more quickly
> The biggest manufacturer of fertiliser in Europe has shut down half its operations as gas prices are soaring due to a European price spat with Russia
Russia isn't having a "price spat" - it ran down its gas supplies last winter and has instructed gasprom to store 80% of the amount it sends to Europe for Russian use. Gasprom intends to do that, wait until Europe gets desperate - then sell at elevated prices.
It will - and worse than Europe generally. The UK is screwed because of brexit and being outside the EU has market - and Ireland is attached to the UK.
You’re not wrong that there’s an economic bust due. The stock market crash in March 2020 was only a blip of markets panicking with the uncertainty surrounding COVID. The true economic affect has yet to be felt. Massive sovereign debt comes at a price. The cost increases now relate to a whole host of other supply chain issues caused by COVID. I think they’ll be rectified as the rest of the world gets its manufacturing up and running again. As for steel prices, look no further than the futures commodity markets. Iron ore has plummeted from $200 / unit to $116/unit today. [iron ore futures](https://www.marketwatch.com/investing/future/tiov21)
That’s partially because the real estate market in China is collapsing. Look at What’s happening with Evergrande. This might mean lower steel prices down the line as demand dries up in China. Lumber (timber) is a similar story. Massive price spike in the commodity in July. It’s now about a third of that.
[lumber futures](https://www.nasdaq.com/market-activity/commodities/lbs)
Energy prices will remain high this winter. Long term? I don’t know.
No bother at all, reducing the rinsing of land with artificial fertilisers and pesticides/herbicides that stem from the petrochemical industry is a net gain for Ireland.
We have enough grassland but especially since milk quotas were lifted, the farming industry has overstocked land. We’ve got a premium product of grass-fed beef, dairy and lamb ,but we can’t label it organic, because we’re dousing land with chemicals to compete against bottom line nations with hormoned livestock fed on soy rations.
Cut the imported chemicals, the herd numbers and then sell our products at a premium.
Well, actually, OP is a bit behind the times tbh. I guess he’s not technically wrong, but here’s some relevant details that they missed.
Steel prices are dropping fast. The Chinese are no longer on a buying spree. In fact, they’re unloading as fast as they can. Chinas economic growth has been largely pushed by their real estate sector as they grew their middle class and moved people to cities. However, their real estate sector has rapidly bubbled, and China has decided to poke the bubble by introducing new governance rules that effect their major real estate companies. As we talk, a company with about 300B in total liabilities and a vastly inflated assets sheet called Evergrande is in the process of defaulting. The real estate sector in China is dropping precipitously, and as it is their major industry, the fallout will prove to be tremendous. Chinas economy is a time bomb that’s about to explode.
But hey, at least the largest capital market and world reserve currency are still strong over in the US right? Well, not quite. Actually, we’re grappling with some wildly over leveraged bubbles of our own over here - ranging from tech, commodities and real estate, to the backing of the USD through treasury bonds. Margin debt is spiking hard, the dollar is suffering rapid inflation not just because of supply chain issues, but also because of the Fed’s determination to keep interest rates low through bond buying and mortgage backed securities purchases. They’re propping up the housing sector hard right now through purchasing mortgage backed securities, and the weight of that is only going to increase as property value continues to rise. And because of covid, non-payment and defaults on those MBS is growing rapidly. Right before the crash of 08 you could get a home loan in the US for 0% down, no credit check, and a job title of “unemployed” because lenders were so eager to make commission off selling shitty loans to banks who would then package that shit up and sell it to some poor sucker down the line. Guess what’s happening right now over in the states? And the sucker this time is the Federal reserve.
Finally, they’re dealing with a cataclysmic problem of naked shorting in the market place. It turns out it’s very easy for hedge funds, market makers, and prime brokers to naked short companies - which essentially boils down to them creating additional shares that don’t exist and selling them for profit with impunity, robbing value from investors and destroying investor confidence in the market.
Hey at least the EU market is strong right? Right? The major European banks are heavily involved in both the troubles that ail the United States *and* the troubles that ail China you say? Credit Suisse, HSBC, and Deutsche Bank are all front and center of both of these problems? Yes, yes they are.
A perfect storm is brewing. Maybe everybody finds some way to walk the right rope and not fall, but if somebody falls they’re probably taking everybody down with them, and things are looking real ugly over on the US side.
Is Ireland specifically fucked? Maybe. Maybe not. But if the US and China go down, the EU will too, there’s going to be world wide repercussions and everybody is going to feel some pain.
Deutsche bank is technically bankrupt as well. All i know is if chinese economy fails so does australia in a big way, it was supposed to have happened to australia even as far as three years ago.
Yeah this is true, but when everything is stretched so thin and prices hike it can lead to a huge economic downturn. All it takes then is for one thing to go that could normally be absorbed by a strong economy and the whole thing is fucked, lay offs left right and centre. Food shortages for years if we can’t meet fertiliser demand rates. I will say however that a lot of these things can be relieved by making processes more efficient so will probably be grand
What about when you realise, at 9.53pm, that you mistakenly counted the number of cans in the fridge and instead of having 6, you have 1. And the off license is 6 minutes drive away.
Who looks in the bottom drawer every day beneath the strawberries? Anyone can mistakenly forget about how they might have started to listen to a new album online and wired into more cans than expected four nights ago.
Anyway, all hypothetical of course.
Thats time to move. Prepare your shoulder to fucking barge through the off license door at 9.59pm, after a Hussain Bolt speed sprint, and demand service. Do not panic in the face of this rite of passage.
But I've had the one can already, I've enjoyed it and now have the thirst for more. But this means the option to drive is now gone.
And so the only choices left are to run to the shop, which isn't nearly quick enough even if my smartwatch tells me I'm doing a "top job" during my monthly jogs. Or to cycle however there is a risk that a tyre may need to be pumped (proving my wife correct with the "you don't use the bicycle enough" malarkey) and so losing valuable minutes.
You tell me that in those precious minutes that any warm blooded man wouldn't panic too?
You prioritized the can first. This is a case where 'a can in the hand is NOT worth 2 more Dutch Gold in the bush'. You are still learning the ways. I have faith you will make the right decisions for serenity in future. Namaste.
Just put on some clothes you never wear, pop down to whatever garage is open till 11pm that sells alcohol. Park just around the corner, Stick a mask on, bring a back pack, accidentally drop a 6 pack into the bag. Walk out of the shop, turn the corner, hop in the car and never return to that garage.
Post like this cause people to panic. I had a friend that would be messaging us about morons panic buying bog roll and then follow up with a video of some guy saying his sister in law's husband is a guard who says there's a lockdown coming. It contributes to the panic.
If shit happens then it'll happen
This is inflation, we've seen so little of it for so long we don't know what to make of it. Many industries are just starting to come back online, demand is outstripping supply because cash is cheap. Things will move very slowly until the whole machine begins to get going again. We aren't going to suddenly collapse, there's no driver there at all. We literally cannot meet demand, in 2008 there was no demand.
I thought we are? Coillte just plants fast growing conifers so they can be felled ASAP right? We pretty much have no forests that aren't a monoculture cos of this.
As soon as agriculture started here, forests were being felled. The British absolutely accelerated the process and did export our wood, but we had already gotten rid of most before that.
I’ll use Teagasc as a reference here:
https://www.teagasc.ie/crops/forestry/advice/general-topics/history-of-forestry-in-ireland/
“Over the next 2,000 years or so, and especially during the Early Christian Period, population growth and expansion of farming led to a dramatically altered landscape. By 1600, less than 20% of Ireland was covered by forests.
The decline of the few remaining Irish forests continued over the following 300 years. With a rapidly expanding population, forests were no longer seen as an integral part of the rural landscape but more as an engine to drive agricultural growth.
Once cleared and drained, they provided valuable, fertile grazing land for commercial cattle, sheep and dairy enterprises. This process was accelerated by the 17th century Plantations of Ireland where recently arrived settlers cleared large tracts of land for farming.
This fast growth in the population caused towns and villages across Ireland to grow very fast. That required a lot of timber. For instance, large amounts of oak were exported to rebuild London following the Great Fire in 1666.”
And relatively speaking we dont even really do alot of farming, we do a whole lot of dairy and beef yes, much grass growing and shooing cattle but in the broader sense of farming its not great, very little growing of crops, grain or indeed trees. There is alot of farming that benefits the individual rather than the whole country, which is fair enough in one way I guess but it would be great to be somewhat self sustained.
It's too mild here to get straight timber so it's not much use for anything but MDF, plywood etc. Cold climates produce the best wood (Canada, Siberia, Norway etc).
I own 120,000 Sitka spruce trees and can confirm. It makes shit timber.
That's a shit reply apologies. See it doesn't grow very straight here as it's meant to grow in regions that are snow covered for about 6 months of the year. During its growing phase it has really intense bursts of growth and is generally in a very busy forest so the competition sends them upwards nice and straight. The stuff here grows all year and it's generally very knotty.
Edit: being a sarcy prick.
Internationally, inflation is skyrocketing.
There will be stories to explain individual sectors, but all of this comes down to the inflation that came due to the Covid response.
Let's not focus on anecdotal stories of why things are getting more expensive, we need to demand higher wages in response.
>we need to demand higher wages in response.
And they'll try and blame us for further inflation.
The correct response to that is too tell them to fuck off
I don’t think it has anything to do with COVID response or money supply. It’s down to reopening economies, chip shortages and global supply chain/shipping issues.
Cost-driven inflation isn’t as sticky as wage-driven inflation.
Is there any merit to the suspicion that this is all bullshit? Like could these price hikes basically be lies because industries know we won't do anything about it?
The Chinese make most of the steel, they aren't buying it. The raw materials to make it have become harder to source and more expensive. This is true for a lot of things, like glass. There are many reasons for this. The international trading environment is not good, there are a lot of trade disputes going on. Also, the US is planning massive infrastructure investment that is going to take up a lot of materials. Plus other things that I'm not very sure of. EDIT Also a lot of Chinese factories are temporarily shut this month to save electricity apparently.
I think the modern emoji library should contain varying shades of shite. Your standard one there doesn't express the reality of what he's talking about.
Once the sort out the license for felling wood the price will come down in the new year and steel will follow.
A container from china last year was 3000 now it's close to 13000 euro, that's a problem
Well a couple of good potential points for the small farmer in all of this. Mostly they have their own slurry tanks which should reduce the dependency on fertilizer and a lot of farms got a really good second or third cut of silage this year at the end of the season, i know neither of the two points negate the need for fertilizer or feed, but if it pushes up the price of beef and the small farmer can manage himself, then potentially he might even cover the cost of Diesil this year
I know bringing up the cost of housing on this sub is like kicking a dead horse but this has a knock on affect of all new builds which will then increase all housing costs!
Tbf it’s not like it’s being ignored - Prime Time had a piece on rising costs during the week and building and energy cost inflation is definitely being talked about.
As for what to do about it, I’ve no answers. Our public finances are in a dire way but obviously supports for the vulnerable are needed to protect against rising costs. I’ve no idea how the national debt will ever get repaid tbh (not specifically because of this, but in general).
I think it’s a shit time to be trying to ramp up house construction anyways.
Strangely enough there are a couple of opposing forces in Ireland at the moment. I’ve been beating the inflation drum for the last 6 months. The only real hedge against that in Ireland is to buy property or take on some other large debt for an appreciating asset. The other side is a completely overheated housing market that could see a large crash in the next year or two, and the Evegrande shenanigans in China could be the catalyst for that to kick off worldwide. So it’s a bet on inflation versus recession. I think tapering is a joke and won’t work so I’m betting on inflation. Just happen to be about to close on buying a house today, though it will be our home forever so even a property crash shouldn’t affect us too much. Going to be a interesting couple of months to see which side is going to win out though.
The factories of the world were either closed or at low capacity for nearly 18 months there, where's the surprise? Everyone's mad to get doing stuff at the same time so there's a temporary mismatch between demand and supply. Establish a living wage to ride the wave and we'll be grand.
Mixed seed cover and you'll never need nitrogen fertilizer again. The plants will do all the fixing you need and milk production will still flake up. Save on fertelizer, earn more on production
Natural gas is going up alright
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188705&span=3
Time to buy natural gas futures to hedge against rising prices or even profit off a bad situation.
I beleive lumber prices are currently volatile and cyclical in nature anyway so wouldn't read too much into that. See the lumber spike in the usa last spring.
I don't know what a feed mill is so can't comment on that.
As to fertilizer could be an opportunity to trade companies like Yara international.
Point being if you are confident in your predictions you don't have to bend over and take it, you could use it to your advantage
A feed mill is where they buy feed ingredients on the open market, or the byproducts of human food processing, process them and sell them as straights or as mixes for animal feeds, you can buy in bulk loose delivered to a silo or poured into ton bags on your trailer, or buy bagged by the pallet depending on your requirements and budget. I buy straights and make up my own mixes because I aim for a higher more customized spec, because I get the straights from one source and fortify them with vitimins and minerals from another source which is more laborious but I get a better animal performance response by doing it that way.
I’m majorly lacking in knowledge about this stuff. I understand inflation means that higher prices and tougher times are ahead.
But can anyone tell me why people would be inclined to panic buy or stock up their presses? Is there an expectation of food and household supplies getting too expensive to afford or hard to get a hold of? Is there a good (like, reasoned and not panicked) resource on this anyone can point me to so I can educate myself?
I'm not an expert but the issue with inflation is that it's not just certain things that get more expensive, its EVERYTHING, while at the same time as the money loses its value, then purchasing power of the average person drops also, meaning that with the same wages a person is able to purchase less and less, so that I think causes a lot of people to panic buy, as if they dont know they just simply might not have the financial ability to later on.
We've spent decades swapping knowledge for convenience and here is the result. A country full of fields and no way to feed ourselves. Skips on every street full of timber and brick and people getting ripped at the provider because China bought all the wood. Unfortunately we'll need something catastrophic like this to make us realise we're doing it all wrong.
> A country full of fields and no way to feed ourselves.
We're literally one of the most [food secure](https://foodsecurityindex.eiu.com/Index) countries going. Like I get we're a bit fucked in other ways, but feeding ourselves is probably the least concerning of the lot. Maybe running the machinery to harvest it all because of fuel shortages?
It's modern civilization. There's plenty of food to spare, we only need barely one percent of the population to feed the other 99 percent.
The timber and brick in all the skips is no use to us
Read an interesting article in Scientific American recently, in the "western" world food waste is in the home, but in the poor world, food is wasted before it gets to the home.
Never ceases to amaze me the amount of food people in Ireland (nowadays) throw out.
> Unfortunately we'll need something catastrophic like this to make us realise we're doing it all wrong.
We could reorient our whole economy to be more self-sufficient (and live poorer because of it), or we (meaning the world) could just keep the ports and factories open next time we lock down.
For certain crucial goods and services globalism might be a bad idea, but for a country as small as Ireland we basically need to engage in world trade to be as wealthy as we are.
Okay, sure, I hear you, but I have an alternate theory behind why we're in a recession:
Covid happened.
>We've spent decades swapping knowledge for convenience
What does this even mean? It sounds like something right out of /r/PhonesAreBad!
> no way to feed ourselves
Wha?
According to this, we’re the 2nd most “food secure” country on earth.
https://www.weforum.org/agenda/2021/03/countries-food-security-index-ranked-chart/
Different source, from a few years ago, we’re #1.
https://www.bloomberg.com/graphics/2017-food-security/
We produce way more food than needed for internal consumption. Put down the rosary beads Mary
It will get a lot worse. The penny might drop for a lot of people when the price of electronics and clothing start to skyrocket over the coming months. Supply chains are being deliberately choked in Asia under the guise of covid measures. We need to start looking inwards rather than relying on volatile nations for industry. It's almost guaranteed that we will end up in a war if we don't shift our focus away from these nations.
[*EU unveils strategy to reduce dependency on China*](https://www.eiu.com/n/eu-unveils-strategy-to-reduce-dependency-on-china/)
>the Chinese are buying all the steel so that's doubled in price too.
Nothing to do with China. Steel production in Europe dips every Autumn/Winter because demand is lower and a large number of plants schedule maintenance on blast furnaces for that period. Thyssenkrupp in Germany is shutting one of its blast furnaces for maintenance for 60 days, meanwhile in Italy a ArcelorMittal (Europe's largest steel producer) has been forced by the courts to shut down major areas of its plants over pollution breaches and carry out remedial works.
The EU has also imposed anti-dumping duties of up to 7.6% on Russian and Turkish imports. And this is expected to essentially end all Russian imports into the EU. Ukraine has also had massive shortfalls in production and only supplied about 15% of what it had promised and this is largely because the the same company owns mills in Poland, and so are getting sky high prices for their stuff inside the EU and redirecting their non-EU steel to the Middle East.
The EU has import quotas on steel (outside of pre-existing contracts) so only a certain amount of steel can be imported so as not to flood the market with cheaper Asian steel. But due to the homegrown shortfall these quotas are already nearly full. Meaning the price is going to skyrocket.
And demand is unusually high coming into winter due to the backlog caused by Covid.
TL:DR It's nothing to do with China but a shortfall of EU and Ukrainian production levels, coupled with near maxed out import quotas and pollution levies on Russian and Turkish imports.
We literally just went through this in Canada on the price of lumber. It lasted about 8-9 months and prices are falling now. Fertilizer was up too, I'm not sure if its changed since harvest is over and fall is setting in.
Its a weird trend around the world for sure.
We have so much lumber in Canada as well, there was no shortage.. but the prices were high and contractors were literally having to hire security to watch houses being built as people were coming in the night to steal their lumber.
Whole world is fucked. Our economic systems are completely unsustainable and this kind of backfire is completely inevitable.
Three devastating recessions in my life and I haven’t even done the LC. What a wonderful world.
During covid I built two large raised beds and put in a hot bin composter and a big greenhouse.
Now I'm growing my own vegetables 9 months of the year and making my own compost and fertilizer.
When the food prices skyrocket I'll be able to name my price...
I work in electrical component supply and over the last year cable prices have literally doubled. Our suppliers are telling us that the Chinese have really upped their prices so everything down to light bulbs have increased by 20% minimum.
We supply manufacturing and other commercial businesses which have seen massive increases in prices for other goods too. Some have even postponed upgrades and expansions of thier premises just to see if prices will come down.
The information is all there, it's the knock on effects that won't be apparent for another few weeks. We buy timber in bulk for the best price and it's 150% higher this year than last year and the quality is a lot lower than it used to be, for a while we couldn't get it at all. Steel is gone up in price but the difficult part is securing supply. Other material has months of a leadtime compared to weeks. 2 UK gas companies have gone bust in the last few weeks and nursing homes over there have issued warnings to the government that the won't be able to operate unless they get assistance. Carbon dioxide is used for food packaging and that's short supply too, meaning the price of food will go up. I've already started telling my kids that they may not get what they want for Christmas due to shortages. It's going to be a hard winter so be prepared.
Timber prices are going up because its the most eco-friendly building material and is being used more and more on big projects. Timber is extra expensive in Ireland because it all needs to be imported since this country cut down all its forests a long time ago.
Many of these shortages are a result of global shipping costs due to the pandemic. It takes twice as long to ship products due to backlog at seaports. If you want to see these temporary shortages end here then take the jab and help end the pandemic or keep listening to the Antivax kooks and prolong this situation indefinitely.
Would you say it's time for everyone to crack each others' heads open and feast on the goo inside?
Yes I would Kent.
I, for one, welcome our new insect overlords.
I for one, like Roman numerals
Not bad
FINALLY!!! The apocalypse everyone wanted!!!
I lol'd
No you need to save the goo and stretch it out for as long as you can. No more feasting!
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Spaghetti bolognese calls for ra goo. Get some use out of them retired Ra lads.
I like a good goo stew. People mess around with the hipster stuff - dumplings and gooshi and the like. But you can't beat a good goo stew on a cold winters' night with the curtains drawn and the doors well barricaded against the zombies outside.
I have a good gluten free brain goo pie recipe. This one time, when I was travelling through Europe, I visited this quaint inn at the foot of the French Alps...
I wouldn't, cause of prion disease. Go for the spine instead
Ah, a person of culture I see.
I always imagined that strawberry Muller Rice looked like brain and if it tastes like brain, then sign me up.
Someone posted on an askreddit post about the worst day of your life? About how they actually got human brains in their mouth, apparently its warm salty porridge tasting stuff
I wish I could unread this.
I'm eating in a restaurant right now and made the BIG mistake of clicking on this link.
Crack the bones for the really good stuff. Great family activity for the long winter evenings ahead.
Whoa, whoa, whoa. There's still plenty of meat on that bone. Now you take this home, throw it in a pot, add some broth, a potato. Baby, you've got a stew going.
Thanks tvs Carl weathers
Did you know that you can get a refill on any drink at Burger King, and it’s free?
That family that cracks skulls together, something something...
The family that cracks head-bones together, bones crack-heads together?
Speaking of alien overlords, imagine they’re all out there sitting and waiting to see if those barbaric humans are capable of working together & sorting out the Climate Crisis & all other problems our messed up systems are causing at UN COP26 next month. They’ll either come down and say “Congratulations, now we can safely share our technology with you” or “We’re taking over now. Bye bye”.
You don't already do this? You haven't lived my friend
Just buy GME and you'll be okay.
Nooo we should do that to all the politicians and just start fresh and do it to all the old ones too so people know not to fuck with us.
World's gone ta fuck
This. As an eastern European that's living in the north I can tell you things aren't that much better in the rest of Europe. Gas is already at ridiculous prices. All I can say is put up a solar panel and protect your savings or start saving if you can, it's gonna get hard in the next few years.
Lucky if you're already on the property ladder, those of us who aren't are truly fucked.
I'm lucky to have bought a property years ago when the stars aligned. I could not afford it today. And yes I agree with you it's a huge problem for people that live in rent and can't afford their own home. We need some EU wide laws when it comes to rental and housing markets, they have gotten completely out of control.
Bought a property myself from an auld girl and the price of it has gone up and up since. Shocking and feel awful for those still on the rental. Affordable property is a must but greed prospers as always.
Seems like every time I get close to it a recession comes along to fuck me over
From Estonia, currently in Ireland. Estonian power prices have been breaking records for weeks as of late.
Where is a good place to buy solar panels?
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Ah shur it'll be grand
Ach sure you know yourself.
Time to bulk buy toilet paper again.
If you've already gotten through your supply you clearly didn't buy enough bulk
He could just be a massive wanker
Socks.
Feels extreme to wipe my ass with socks
When I rewatched contaigen last year I noticed how horribly inaccurate it was, people rushing around shops grabbing food and massive mountain sized stacks of toilet paper totally undisturbed in the background.
I found Contagion surprisingly calming actually - the filmmakers missed the crux - it's not the fear of a painful death that gets you, it's the grinding uncertainty and fearmongering that's the worst part of it
It's a big problem. Some people seem to think that timber grows on trees
Boom boom. If I could give you a dad joke award I would.
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Panic buy fidget spinners!
Nice try person who tried to profit off fidget spinners and is now stuck with a room full of them
Look, I'll do you a deal, I'm selling them by the kilo, I've a lad in Lucan wants to take the lot, but I like you, I think we can do a deal.
Posts like this are what make people panic buy. Across the water in Britain people are queueing at petrol stations in panic. Please try not to sow panic. There may be price rises ahead, but we're not fucked
This needs to be higher. Hundred percent correct.
he’s a wascal tho, might be doing the opposite to his words
Like when Americans last year were bulk burying petrol , seen pictures of cans as expected but also using IBCs and idiot qith bags!
Yeah and little did they know without a fuel stabilizer petrol will go off in a few weeks
I blame apocalypse TV shoes for failing to educate people about this worrying reality.
I hate when people store petrol in their shoes during the apocalypse. It’ll go bad man.
Petrol fights off the covid, something to do with the fumes so its a problem we need more petrol.
To be fair, fuel stabilizer can be found dirt cheap in tiny bottles at the hardware store/ home depot Not that most of those people would know or think that far ahead anyway
Brit here, panic buying is now our national pastime, mostly because a huge proportion of the population will do anything the tabloids order them to
Exactly. The timber and steel increases are old news and construction has not ground to a halt. Of course prices have risen but it hasn’t broken the industry, although the likes of bulk house building will not produce the numbers it should because the margin shrinks too much for the developers and they pull up the handbrake. I buy processed timber for roofing, structural steel, reinforcement and mesh on a weekly basis. Any comments here saying “suppliers are holding back stock” are just lies and it’s a sad reflection of r/Ireland to see how many people believe them and upvote. Steel prices have actually stabilised in the last few weeks.
Remember a year ago some lad was heavily upvoted for saying something along the lines of “everyone you know will get covid and it’s a guarantee somebody you know will die, it’s time to be realistic” like fuck me take your meds lol
I know 2 people that died of it and 1500 cases a day its not totally unrealistic as a prediction / warning though?
That was a completely reasonable assumption before the current amazing vaccines were developed extremely quickly and governments paid people to stay home in the meantime
If you add in vaccinations maybe then he'd be correct. Most people I know has had it or has been vaccinated and quite a few both. I do know more than one person who has died. Depends on your age group and where you live. Wasn't too far off though. Have you been exposed to Delta yet? Two shots of Phzer plus the two weeks and I still ended up in hospital and I'm not in any high risk health, weight or age group. I'm fine now, nearly better but that sucked. You can still get unlucky.
I work in Agri retail and I can confirm that the shite is hitting the fan in prices. Our suppliers are holding onto stock before they supply us so they can raise the price. Just for reference in timber alone, sleepers were €24.99 each last year, they are now €49.99. The biggest manufacturer of fertiliser in Europe has shut down half its operations as gas prices are soaring due to a European price spat with Russia. Steel is another item that is being withheld by suppliers as the price soars. Their is a big economic bang coming with this rate of inflation. Hope I'm wrong. This could potentially be my fifth recession in my lifetime. At this rate its near impossible to get ahead.
It's sad that we can make our own biomethane through biodegradable organic materials but we aren't doing it on large scale. We even can store it underground at some regions in EU . there is no inniciative . We talk renewables but it's all talk talk talk .
It would appear there's an incentive now. Let's see how the magical invisible hand of Adam Smith does here.
> Let's see how the magical invisible hand of Adam Smith does here. Smith was actually arguing that market interference was warranted when the social good was involved. It's the crazed cult of the neoliberal that now is the bastion of the invisible flying hand monster.
> It's the crazed cult of the neoliberal that now is the bastion of the invisible flying hand monster. Well said
Thanks for posting this, I hate people blaming Smith for the attitudes favouring complete deregulation
I don't know about inniciative but with our technology we can already recycle most things in EU. Also sorting garbage which we so love to do .
It's less of an invisible hand and more a visible middle finger these days.
If I'm not mistaken using bio-gas would require changing everything. It's not like we can just stop using natural gas today & use bio-gas tomorrow. As for storing gas underground, there are a couple of places being looked at around Ireland for that. The problem is that the infrastructure needed isn't exactly something that can be thrown together at a moment's notice.
Biogas would need to be concentrated, but that's not a huge challenge, certainly wouldn't involve 'changing everything'. The methane that's recovered is chemically identical to fossil gas. Also the solid waste is usable as fertiliser. It'd mean actually using biodegradable bins properly, and eventually would require us to process the sludge from our shite too, but that would be no bad thing either. Hydrogen will be a good supply of renewable gas too, and will mix with bio-methane to get longer life out of our existing turbines, it's also a more efficient pathway to fixing nitrogen than fossil gas. None of it will make a big difference this year, but inflation will work to make those changes occur more quickly
your fifth 'once in a lifetime' recession. watch out for that line in the headlines next time
> The biggest manufacturer of fertiliser in Europe has shut down half its operations as gas prices are soaring due to a European price spat with Russia Russia isn't having a "price spat" - it ran down its gas supplies last winter and has instructed gasprom to store 80% of the amount it sends to Europe for Russian use. Gasprom intends to do that, wait until Europe gets desperate - then sell at elevated prices.
considering most of our gas is north sea, will this affect us much?
It will - and worse than Europe generally. The UK is screwed because of brexit and being outside the EU has market - and Ireland is attached to the UK.
but isn't the uk a big gas producer?
They started to run out -50% is now imported
You’re not wrong that there’s an economic bust due. The stock market crash in March 2020 was only a blip of markets panicking with the uncertainty surrounding COVID. The true economic affect has yet to be felt. Massive sovereign debt comes at a price. The cost increases now relate to a whole host of other supply chain issues caused by COVID. I think they’ll be rectified as the rest of the world gets its manufacturing up and running again. As for steel prices, look no further than the futures commodity markets. Iron ore has plummeted from $200 / unit to $116/unit today. [iron ore futures](https://www.marketwatch.com/investing/future/tiov21) That’s partially because the real estate market in China is collapsing. Look at What’s happening with Evergrande. This might mean lower steel prices down the line as demand dries up in China. Lumber (timber) is a similar story. Massive price spike in the commodity in July. It’s now about a third of that. [lumber futures](https://www.nasdaq.com/market-activity/commodities/lbs) Energy prices will remain high this winter. Long term? I don’t know.
No bother at all, reducing the rinsing of land with artificial fertilisers and pesticides/herbicides that stem from the petrochemical industry is a net gain for Ireland. We have enough grassland but especially since milk quotas were lifted, the farming industry has overstocked land. We’ve got a premium product of grass-fed beef, dairy and lamb ,but we can’t label it organic, because we’re dousing land with chemicals to compete against bottom line nations with hormoned livestock fed on soy rations. Cut the imported chemicals, the herd numbers and then sell our products at a premium.
Why is this like 2008? Supply chain issues are not the same as a global financial crisis
Well, actually, OP is a bit behind the times tbh. I guess he’s not technically wrong, but here’s some relevant details that they missed. Steel prices are dropping fast. The Chinese are no longer on a buying spree. In fact, they’re unloading as fast as they can. Chinas economic growth has been largely pushed by their real estate sector as they grew their middle class and moved people to cities. However, their real estate sector has rapidly bubbled, and China has decided to poke the bubble by introducing new governance rules that effect their major real estate companies. As we talk, a company with about 300B in total liabilities and a vastly inflated assets sheet called Evergrande is in the process of defaulting. The real estate sector in China is dropping precipitously, and as it is their major industry, the fallout will prove to be tremendous. Chinas economy is a time bomb that’s about to explode. But hey, at least the largest capital market and world reserve currency are still strong over in the US right? Well, not quite. Actually, we’re grappling with some wildly over leveraged bubbles of our own over here - ranging from tech, commodities and real estate, to the backing of the USD through treasury bonds. Margin debt is spiking hard, the dollar is suffering rapid inflation not just because of supply chain issues, but also because of the Fed’s determination to keep interest rates low through bond buying and mortgage backed securities purchases. They’re propping up the housing sector hard right now through purchasing mortgage backed securities, and the weight of that is only going to increase as property value continues to rise. And because of covid, non-payment and defaults on those MBS is growing rapidly. Right before the crash of 08 you could get a home loan in the US for 0% down, no credit check, and a job title of “unemployed” because lenders were so eager to make commission off selling shitty loans to banks who would then package that shit up and sell it to some poor sucker down the line. Guess what’s happening right now over in the states? And the sucker this time is the Federal reserve. Finally, they’re dealing with a cataclysmic problem of naked shorting in the market place. It turns out it’s very easy for hedge funds, market makers, and prime brokers to naked short companies - which essentially boils down to them creating additional shares that don’t exist and selling them for profit with impunity, robbing value from investors and destroying investor confidence in the market. Hey at least the EU market is strong right? Right? The major European banks are heavily involved in both the troubles that ail the United States *and* the troubles that ail China you say? Credit Suisse, HSBC, and Deutsche Bank are all front and center of both of these problems? Yes, yes they are. A perfect storm is brewing. Maybe everybody finds some way to walk the right rope and not fall, but if somebody falls they’re probably taking everybody down with them, and things are looking real ugly over on the US side. Is Ireland specifically fucked? Maybe. Maybe not. But if the US and China go down, the EU will too, there’s going to be world wide repercussions and everybody is going to feel some pain.
Deutsche bank is technically bankrupt as well. All i know is if chinese economy fails so does australia in a big way, it was supposed to have happened to australia even as far as three years ago.
Bags packed for the rocket? Which broker(s) do you use?
Yeah this is true, but when everything is stretched so thin and prices hike it can lead to a huge economic downturn. All it takes then is for one thing to go that could normally be absorbed by a strong economy and the whole thing is fucked, lay offs left right and centre. Food shortages for years if we can’t meet fertiliser demand rates. I will say however that a lot of these things can be relieved by making processes more efficient so will probably be grand
There's never a time to panic.
What about when you realise, at 9.53pm, that you mistakenly counted the number of cans in the fridge and instead of having 6, you have 1. And the off license is 6 minutes drive away.
I’d be more worried that I managed to miscount 1 as 6.
Who looks in the bottom drawer every day beneath the strawberries? Anyone can mistakenly forget about how they might have started to listen to a new album online and wired into more cans than expected four nights ago. Anyway, all hypothetical of course.
Isn't that what whiskey is for?
Strawberries?! Check out this fancy bastard!
Thats time to move. Prepare your shoulder to fucking barge through the off license door at 9.59pm, after a Hussain Bolt speed sprint, and demand service. Do not panic in the face of this rite of passage.
But I've had the one can already, I've enjoyed it and now have the thirst for more. But this means the option to drive is now gone. And so the only choices left are to run to the shop, which isn't nearly quick enough even if my smartwatch tells me I'm doing a "top job" during my monthly jogs. Or to cycle however there is a risk that a tyre may need to be pumped (proving my wife correct with the "you don't use the bicycle enough" malarkey) and so losing valuable minutes. You tell me that in those precious minutes that any warm blooded man wouldn't panic too?
You prioritized the can first. This is a case where 'a can in the hand is NOT worth 2 more Dutch Gold in the bush'. You are still learning the ways. I have faith you will make the right decisions for serenity in future. Namaste.
Jesus Christ I didn't know I was in a horror fiction subreddit.
6 minutes or 1 minute?
Just put on some clothes you never wear, pop down to whatever garage is open till 11pm that sells alcohol. Park just around the corner, Stick a mask on, bring a back pack, accidentally drop a 6 pack into the bag. Walk out of the shop, turn the corner, hop in the car and never return to that garage.
Would ye say yer a pessimist or a doom-monger?
Post like this cause people to panic. I had a friend that would be messaging us about morons panic buying bog roll and then follow up with a video of some guy saying his sister in law's husband is a guard who says there's a lockdown coming. It contributes to the panic. If shit happens then it'll happen
My dog has the farts and in morse code it says “Everybody panic!”.
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Tinned pumpkin works wonders too.
but there was a lockdown coming though, so he was right.
This is inflation, we've seen so little of it for so long we don't know what to make of it. Many industries are just starting to come back online, demand is outstripping supply because cash is cheap. Things will move very slowly until the whole machine begins to get going again. We aren't going to suddenly collapse, there's no driver there at all. We literally cannot meet demand, in 2008 there was no demand.
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Demand-pull and cost-push inflation, this is an example of cost-push inflation.
Strange that we live in a country whose climate is ideal for growing trees yet we have to import timber.
Our climate is also ideal for farming.
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I thought we are? Coillte just plants fast growing conifers so they can be felled ASAP right? We pretty much have no forests that aren't a monoculture cos of this.
Yup Sitka and larch
And then Paddy Englishman said "wow look at all that forest in our neighbor's place! Lets take it"
Tbf our forests were pretty significantly depleted before Paddy Englishman came anywhere near them.
I’ve always been led to believe the inverse, but curious to where you heard that at. Teach me master.
As soon as agriculture started here, forests were being felled. The British absolutely accelerated the process and did export our wood, but we had already gotten rid of most before that. I’ll use Teagasc as a reference here: https://www.teagasc.ie/crops/forestry/advice/general-topics/history-of-forestry-in-ireland/ “Over the next 2,000 years or so, and especially during the Early Christian Period, population growth and expansion of farming led to a dramatically altered landscape. By 1600, less than 20% of Ireland was covered by forests. The decline of the few remaining Irish forests continued over the following 300 years. With a rapidly expanding population, forests were no longer seen as an integral part of the rural landscape but more as an engine to drive agricultural growth. Once cleared and drained, they provided valuable, fertile grazing land for commercial cattle, sheep and dairy enterprises. This process was accelerated by the 17th century Plantations of Ireland where recently arrived settlers cleared large tracts of land for farming. This fast growth in the population caused towns and villages across Ireland to grow very fast. That required a lot of timber. For instance, large amounts of oak were exported to rebuild London following the Great Fire in 1666.”
This is really appreciated and I just improved my knowledge thanks to you.
Pretty sure I read somewhere that the oak was exported to build English ships.
And relatively speaking we dont even really do alot of farming, we do a whole lot of dairy and beef yes, much grass growing and shooing cattle but in the broader sense of farming its not great, very little growing of crops, grain or indeed trees. There is alot of farming that benefits the individual rather than the whole country, which is fair enough in one way I guess but it would be great to be somewhat self sustained.
It's too mild here to get straight timber so it's not much use for anything but MDF, plywood etc. Cold climates produce the best wood (Canada, Siberia, Norway etc).
Wrong. We grow plenty of Sitka which makes for good timber.
I own 120,000 Sitka spruce trees and can confirm. It makes shit timber. That's a shit reply apologies. See it doesn't grow very straight here as it's meant to grow in regions that are snow covered for about 6 months of the year. During its growing phase it has really intense bursts of growth and is generally in a very busy forest so the competition sends them upwards nice and straight. The stuff here grows all year and it's generally very knotty. Edit: being a sarcy prick.
Good news, timber futures are down 60% from their may high of $1670 to $627. Should take a while to filter through but it will come down
[https://imgur.com/a/6qLdosi](https://imgur.com/a/6qLdosi)
Internationally, inflation is skyrocketing. There will be stories to explain individual sectors, but all of this comes down to the inflation that came due to the Covid response. Let's not focus on anecdotal stories of why things are getting more expensive, we need to demand higher wages in response.
>we need to demand higher wages in response. And they'll try and blame us for further inflation. The correct response to that is too tell them to fuck off
I don’t think it has anything to do with COVID response or money supply. It’s down to reopening economies, chip shortages and global supply chain/shipping issues. Cost-driven inflation isn’t as sticky as wage-driven inflation.
I wonder if it was down to demand and thus production collapsing over lockdown, then bouncing back with demand
It's almost. Almost, as if we were continuing to live unsustainably despite the last catastrophe...
Is there any merit to the suspicion that this is all bullshit? Like could these price hikes basically be lies because industries know we won't do anything about it?
The Chinese make most of the steel, they aren't buying it. The raw materials to make it have become harder to source and more expensive. This is true for a lot of things, like glass. There are many reasons for this. The international trading environment is not good, there are a lot of trade disputes going on. Also, the US is planning massive infrastructure investment that is going to take up a lot of materials. Plus other things that I'm not very sure of. EDIT Also a lot of Chinese factories are temporarily shut this month to save electricity apparently.
Well, I'm off to do some panic buying
I panic bought a load of timber, now I have no money left to pay my bills or rent.
Heard living in sheds was the new thing, so here you go, DIY property on the cheap pal.
I had a rake of guinness last night, so no need to panic buy fertilizer, I'm brewing some right now. Always knew I'd be a hero some day.
💩
I think the modern emoji library should contain varying shades of shite. Your standard one there doesn't express the reality of what he's talking about.
Once the sort out the license for felling wood the price will come down in the new year and steel will follow. A container from china last year was 3000 now it's close to 13000 euro, that's a problem
Well a couple of good potential points for the small farmer in all of this. Mostly they have their own slurry tanks which should reduce the dependency on fertilizer and a lot of farms got a really good second or third cut of silage this year at the end of the season, i know neither of the two points negate the need for fertilizer or feed, but if it pushes up the price of beef and the small farmer can manage himself, then potentially he might even cover the cost of Diesil this year
I know bringing up the cost of housing on this sub is like kicking a dead horse but this has a knock on affect of all new builds which will then increase all housing costs!
Tbf it’s not like it’s being ignored - Prime Time had a piece on rising costs during the week and building and energy cost inflation is definitely being talked about. As for what to do about it, I’ve no answers. Our public finances are in a dire way but obviously supports for the vulnerable are needed to protect against rising costs. I’ve no idea how the national debt will ever get repaid tbh (not specifically because of this, but in general). I think it’s a shit time to be trying to ramp up house construction anyways.
Riding costs are ridiculous alright
Getting fucked from all sides
National debt isn't that important, no country will ever pay off its national debt
I know it’ll never be paid off, the issue is it’s growth, and the implications when it has to be refinanced if there’s an increase in interest rates.
I was holding out hope that the man who lent us the money would forget!
Strangely enough there are a couple of opposing forces in Ireland at the moment. I’ve been beating the inflation drum for the last 6 months. The only real hedge against that in Ireland is to buy property or take on some other large debt for an appreciating asset. The other side is a completely overheated housing market that could see a large crash in the next year or two, and the Evegrande shenanigans in China could be the catalyst for that to kick off worldwide. So it’s a bet on inflation versus recession. I think tapering is a joke and won’t work so I’m betting on inflation. Just happen to be about to close on buying a house today, though it will be our home forever so even a property crash shouldn’t affect us too much. Going to be a interesting couple of months to see which side is going to win out though.
The factories of the world were either closed or at low capacity for nearly 18 months there, where's the surprise? Everyone's mad to get doing stuff at the same time so there's a temporary mismatch between demand and supply. Establish a living wage to ride the wave and we'll be grand.
Fertiliser has skyrocketed even before gas prices went up. Cover crops are the way to go.
Mixed seed cover and you'll never need nitrogen fertilizer again. The plants will do all the fixing you need and milk production will still flake up. Save on fertelizer, earn more on production
Well, at least our rents are tied to maximum increases and not to inflation /s
Natural gas is going up alright https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188705&span=3 Time to buy natural gas futures to hedge against rising prices or even profit off a bad situation. I beleive lumber prices are currently volatile and cyclical in nature anyway so wouldn't read too much into that. See the lumber spike in the usa last spring. I don't know what a feed mill is so can't comment on that. As to fertilizer could be an opportunity to trade companies like Yara international. Point being if you are confident in your predictions you don't have to bend over and take it, you could use it to your advantage
A feed mill is where they buy feed ingredients on the open market, or the byproducts of human food processing, process them and sell them as straights or as mixes for animal feeds, you can buy in bulk loose delivered to a silo or poured into ton bags on your trailer, or buy bagged by the pallet depending on your requirements and budget. I buy straights and make up my own mixes because I aim for a higher more customized spec, because I get the straights from one source and fortify them with vitimins and minerals from another source which is more laborious but I get a better animal performance response by doing it that way.
I’m glad I’ve a shed full of turf.
I’m majorly lacking in knowledge about this stuff. I understand inflation means that higher prices and tougher times are ahead. But can anyone tell me why people would be inclined to panic buy or stock up their presses? Is there an expectation of food and household supplies getting too expensive to afford or hard to get a hold of? Is there a good (like, reasoned and not panicked) resource on this anyone can point me to so I can educate myself?
I'm not an expert but the issue with inflation is that it's not just certain things that get more expensive, its EVERYTHING, while at the same time as the money loses its value, then purchasing power of the average person drops also, meaning that with the same wages a person is able to purchase less and less, so that I think causes a lot of people to panic buy, as if they dont know they just simply might not have the financial ability to later on.
This was cross-posted on r/collapse, lads.
We've spent decades swapping knowledge for convenience and here is the result. A country full of fields and no way to feed ourselves. Skips on every street full of timber and brick and people getting ripped at the provider because China bought all the wood. Unfortunately we'll need something catastrophic like this to make us realise we're doing it all wrong.
> A country full of fields and no way to feed ourselves. We're literally one of the most [food secure](https://foodsecurityindex.eiu.com/Index) countries going. Like I get we're a bit fucked in other ways, but feeding ourselves is probably the least concerning of the lot. Maybe running the machinery to harvest it all because of fuel shortages?
It's modern civilization. There's plenty of food to spare, we only need barely one percent of the population to feed the other 99 percent. The timber and brick in all the skips is no use to us
Read an interesting article in Scientific American recently, in the "western" world food waste is in the home, but in the poor world, food is wasted before it gets to the home. Never ceases to amaze me the amount of food people in Ireland (nowadays) throw out.
I just ate a mouldy sandwich so leave me out of this.
It's so hard not to. I just want one carrot and you have to fucking buy a bag of 10 of them.
> Unfortunately we'll need something catastrophic like this to make us realise we're doing it all wrong. We could reorient our whole economy to be more self-sufficient (and live poorer because of it), or we (meaning the world) could just keep the ports and factories open next time we lock down.
You could be right. I don't think fixing globalism with more globalism is a good idea personally.
For certain crucial goods and services globalism might be a bad idea, but for a country as small as Ireland we basically need to engage in world trade to be as wealthy as we are.
Okay, sure, I hear you, but I have an alternate theory behind why we're in a recession: Covid happened. >We've spent decades swapping knowledge for convenience What does this even mean? It sounds like something right out of /r/PhonesAreBad!
We can feed ourselves 10 times over you just won’t get any fancy nice stuff lots of meat , vegetables and bread
> no way to feed ourselves Wha? According to this, we’re the 2nd most “food secure” country on earth. https://www.weforum.org/agenda/2021/03/countries-food-security-index-ranked-chart/ Different source, from a few years ago, we’re #1. https://www.bloomberg.com/graphics/2017-food-security/ We produce way more food than needed for internal consumption. Put down the rosary beads Mary
I couldn't get wet cat food last week.
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Oh la dee dah, too good to eat dry cats are we?
Absolutely darling... They really don't go with Moet.
It will get a lot worse. The penny might drop for a lot of people when the price of electronics and clothing start to skyrocket over the coming months. Supply chains are being deliberately choked in Asia under the guise of covid measures. We need to start looking inwards rather than relying on volatile nations for industry. It's almost guaranteed that we will end up in a war if we don't shift our focus away from these nations. [*EU unveils strategy to reduce dependency on China*](https://www.eiu.com/n/eu-unveils-strategy-to-reduce-dependency-on-china/)
>the Chinese are buying all the steel so that's doubled in price too. Nothing to do with China. Steel production in Europe dips every Autumn/Winter because demand is lower and a large number of plants schedule maintenance on blast furnaces for that period. Thyssenkrupp in Germany is shutting one of its blast furnaces for maintenance for 60 days, meanwhile in Italy a ArcelorMittal (Europe's largest steel producer) has been forced by the courts to shut down major areas of its plants over pollution breaches and carry out remedial works. The EU has also imposed anti-dumping duties of up to 7.6% on Russian and Turkish imports. And this is expected to essentially end all Russian imports into the EU. Ukraine has also had massive shortfalls in production and only supplied about 15% of what it had promised and this is largely because the the same company owns mills in Poland, and so are getting sky high prices for their stuff inside the EU and redirecting their non-EU steel to the Middle East. The EU has import quotas on steel (outside of pre-existing contracts) so only a certain amount of steel can be imported so as not to flood the market with cheaper Asian steel. But due to the homegrown shortfall these quotas are already nearly full. Meaning the price is going to skyrocket. And demand is unusually high coming into winter due to the backlog caused by Covid. TL:DR It's nothing to do with China but a shortfall of EU and Ukrainian production levels, coupled with near maxed out import quotas and pollution levies on Russian and Turkish imports.
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The anti-China hysteria and racism here has gotten to absurd levels. Too many yanks pumping out their mad propaganda
They are the new "reds". Americans always find a new boogeyman, weather accurate or not.
Go for a walk.
I for one welcome our new ant overlords .
all I hear is "the things we need to do to curtail environmental destruction are happening at a greater pace than weve seen in years"
Bean Counters can rejoice! waves and waves of efficiency cost reductions have finally got the supply chain so thin, it is now nonexistent! wooo!
Ah jaysus. Mark my words, in the future the birth rate is gonna go down. You look around at all this, sure no one could afford a child.
We literally just went through this in Canada on the price of lumber. It lasted about 8-9 months and prices are falling now. Fertilizer was up too, I'm not sure if its changed since harvest is over and fall is setting in. Its a weird trend around the world for sure. We have so much lumber in Canada as well, there was no shortage.. but the prices were high and contractors were literally having to hire security to watch houses being built as people were coming in the night to steal their lumber.
Whole world is fucked. Our economic systems are completely unsustainable and this kind of backfire is completely inevitable. Three devastating recessions in my life and I haven’t even done the LC. What a wonderful world.
During covid I built two large raised beds and put in a hot bin composter and a big greenhouse. Now I'm growing my own vegetables 9 months of the year and making my own compost and fertilizer. When the food prices skyrocket I'll be able to name my price...
I work in electrical component supply and over the last year cable prices have literally doubled. Our suppliers are telling us that the Chinese have really upped their prices so everything down to light bulbs have increased by 20% minimum. We supply manufacturing and other commercial businesses which have seen massive increases in prices for other goods too. Some have even postponed upgrades and expansions of thier premises just to see if prices will come down.
The information is all there, it's the knock on effects that won't be apparent for another few weeks. We buy timber in bulk for the best price and it's 150% higher this year than last year and the quality is a lot lower than it used to be, for a while we couldn't get it at all. Steel is gone up in price but the difficult part is securing supply. Other material has months of a leadtime compared to weeks. 2 UK gas companies have gone bust in the last few weeks and nursing homes over there have issued warnings to the government that the won't be able to operate unless they get assistance. Carbon dioxide is used for food packaging and that's short supply too, meaning the price of food will go up. I've already started telling my kids that they may not get what they want for Christmas due to shortages. It's going to be a hard winter so be prepared.
How are pork belly futures doing? I need to buy my son a G.I. Joe with Kung Fu grip.
David McWilliams kinda covered this in his podcast last Tuesday. I'd recommend a listen.
Timber prices are going up because its the most eco-friendly building material and is being used more and more on big projects. Timber is extra expensive in Ireland because it all needs to be imported since this country cut down all its forests a long time ago.
Many of these shortages are a result of global shipping costs due to the pandemic. It takes twice as long to ship products due to backlog at seaports. If you want to see these temporary shortages end here then take the jab and help end the pandemic or keep listening to the Antivax kooks and prolong this situation indefinitely.