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Could we be heading towards a Great Depression?
Comments
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Yes it could get bad. It's things like the following that depress me more than the stockmarket drop:
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Exactly - I reckon if things don't improve in 6 weeks these stories will become common place.0
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There is no issue with the food supply. In fact once every one has stocked up in panic things should calm down once people realise, there is no issue with the food supply.0
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EdGasketTheSecond said:Yes it could get bad. It's things like the following that depress me more than the stockmarket drop:
Times of crisis bring out the very best and the very worst of human nature
Retired 1st July 2021.
This is not investment advice.
Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."3 -
womble_87 said:There is no issue with the food supply. In fact once every one has stocked up in panic things should calm down once people realise, there is no issue with the food supply.Can't really say that at the moment, the article above suggests there are actually problems in the food supply, however I would concede that the issues are caused by panic buying.
Goals
Save £12k in 2017 #016 (£4212.06 / £10k) (42.12%)
Save £12k in 2016 #041 (£4558.28 / £6k) (75.97%)
Save £12k in 2014 #192 (£4115.62 / £5k) (82.3%)0 -
Everything requires people to be available.TrustyOven said:womble_87 said:There is no issue with the food supply. In fact once every one has stocked up in panic things should calm down once people realise, there is no issue with the food supply.Can't really say that at the moment, the article above suggests there are actually problems in the food supply, however I would concede that the issues are caused by panic buying.0 -
There certainly is an issue with food supply!womble_87 said:There is no issue with the food supply. In fact once every one has stocked up in panic things should calm down once people realise, there is no issue with the food supply.
Supply chains are broken.One person caring about another represents life's greatest value.2 -
They just announced on radio 4 news that supermarkets are saying the next big problem is with supply!womble_87 said:There is no issue with the food supply. In fact once every one has stocked up in panic things should calm down once people realise, there is no issue with the food supply.
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Factories are geared for a certain level of demand/production. Impossible for the machines to produce more. People unselfishly stock piling is the real problem.EdGasketTheSecond said:
They just announced on radio 4 news that supermarkets are saying the next big problem is with supply!womble_87 said:There is no issue with the food supply. In fact once every one has stocked up in panic things should calm down once people realise, there is no issue with the food supply.
There'll be a glut shortly.1 -
No they are saying there aren't the workers (still working) to keep supplies coming through
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