I think the U.S. economy and potentially many fiat currencies are going to collapse this year.
The past two years of nonsense cannot logically continue, especially with a potentially shrinking U.S. labor force (we will see what the labor numbers are tomorrow, every death or injury of a young person at this point is a huge, huge problem). I know that people say that those coming over the U.S.-Mexico border are our replacements, but they are not as intelligent or skilled as us. They cannot produce what we produce currently. Businesses will continue to die out. The supply chains are already in disarray. Large corporations have significant vacancies, and many small businesses have little to no help. This is not sustainable, and I do not even understand how it is has been sustained up to this point.
No matter what the Supreme Court does with the challenges to the mandates, a titanic collapse is coming. Shortages are already seen in stores and by factory workers. Prices are in flux. Everything is uncertain. Yet, the stock market is at record highs. Bizarre world we live in.
The grain shortage thing is real. Grandpa Joe blaming the price of meat of greedy meat packers shows how much he's paying attention. In November hay was like $1000/ton, and every other feed item was equally through the roof. We got like 4 inches of moisture in 2021, so unless we have a wet spring this summer is gonna be tough.
I have no doubt he or his handlers will consider price control on food, and that's when shit will really hit the fan. The toilet paper shortage of 2020 will be a quaint memory.
Every doubling of the price of fertilizer = 40% increase in overall food prices. 2020 we paid $350 a ton. Last year it was $750 a ton. We booked what we could at $900 a ton it's currently $1500 a ton and likely to see $2000 by the time we need nitrogen flown on the rice this summer. They won't even let us buy in advance anymore...
Sounds like I'll be eating my self-caught fish with a side of pinecones at some point in the near future