OverviewExploreTrending
Nostr Archives
OverviewExploreTrending
TallBrian18h ago
SHIT JUST BROKE. HUGE WAVE OF PRICE INCREASES COMING. PREPARE ACCORDINGLY. I own a chemical import and distribution business. Every time there is a disruption in global trade that leads to massive inflation I feel it 2-3 months before the headlines. Things have been tense for weeks but overnight the dam broke. Prices are up 20-50% on some products overnight. This is the stuff that goes into making the stuff that makes the world go round. Fertilizer inputs, antifreeze, break fluid, bobble head dolls. All of it is downstream of my business. Could just be a blip but it feels like it felt in Q12022.
πŸ’¬ 5 replies

Replies (5)

Jack K17h ago
πŸ˜΅β€πŸ’«
0000 sats
GJM17h ago
Hmm. Thanks for the heads up!πŸ™
0000 sats
Bill17h ago
How does this compare to the price shock you saw during Covid?
0000 sats
TallBrian17h ago
During Covid it was the deep freeze in Jan/feb 2022 that actually popped thing in my business. A few chemical plants in Texas had pipes burst and from the day that was announced things went parabolic. Last night there was a fire at a plant in TX and a big Saudi supplier declared force majeure. Today feels like the same order of magnitude as the deep freeze but it’s not clear yet if it’s going to last as long. My instinct is it will.
0000 sats
Teo17h ago
Whoa. Thanks for the info
0000 sats