simcor:
It’s all down to greed. Simple as.
There is not drive shortage never has been and never will be.
It’s just the egg and chicken scenario over and over again.
Companies want less costs to transport the goods which in turn means less wages and worse terms and conditions.
Consumers want cheaper prices so therefore savings have to come from somewhere to make prices cheaper to the consumer. Usually the workforce wages and transport costs.
Shareholders and companies still need to make obscene amounts of profits and salaries and bonuses.
Funny when you read an article like “x supermarket/business has announced a pre/post tax fall in profits of £32m for the year, down from £323 million to a measly £291m pre tax profits etc”
Maybe one day we might see business for the workers rather than businesses for the shareholders. Oh and we might also live on the moon tomorrow as well. Its called the circle of life it goes round and round and where it stops nobody knows.
Top post, simcor. You’ve nailed it. This is exactly the crux of the matter.
Also, I do see food shortages coming, but the lack of bums on seats is only a tiny factor. The main factor by a huge margin are the ‘supply chain’ issues up at the head of the stream where producers have either not been able to source the raw materials to make the product in the first place, or, for the food producers, those that have been able to produce/harvest the food/crop, because of lockdowns and business closures downstream there’s either been no-one to harvest it (same problem elsewhere in the world as we have here with the cheap EE carrot pickers), no-one to take it to market or simply that the markets have been closed due to covid, or ships stuck out in the harbour for months on end because the ports are closed due to covid and/or the shipping costs are so insane that it costs more to ship that the produce is worth. Lots of products, particularly perishables, have had to be binned because of all these issues and this of course eventually flows downstream, likely showing itself as empty shelves in the supermarkets.
I’ve mentioned before, Ice Age Farmer’s youtube channel has been warning of this coming for over a year. Feed for the animals is now so expensive that it’s no longer profitable to farm because no-one will pay the prices they need to turn a profit. It’s going to get ugly over the next few years. I can see staples like fresh meat, veg and fruit disappearing from the shelves altogether or their prices will be so ridiculously high that the current lamb prices will look like a bargain in comparison.