The Cause of the Food Shortage
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- Опубликовано: 28 июн 2024
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Ben Reppond
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ben@reppondinvestments.com
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Ben, thank you kindly for uploading your videos!! An hour of anybody's time is valuable, yours included, but I can say with confidence that your facts-based approach to relaying this info is highly efficient and valuable to me. Keep up the great work and again, thank you!!
Thank you so much for your encouraging words.
You are the only one on RUclips who is telling us the truth. Thank you very much. Keep up the good work, Ben!
Thank you.
Thank you very much, very well done
Thank you.
in NC this week ground beef minimium price 5.99/lb , ground turkey 5.99/lb , ground chicken 5.99/lb
pork and chicken breast are on sale 1.99/lb
watermelons minimum 4.99 each. Peaches 2.99/lb 5 peaches large would be 12.00 around 4lb😧
Thank you for the info
Great video as usual. Thanks!
Thank you.
Need diesel oil in Nc. I found rotella 15w-40 gallon jugs for 19.99 at ace hardware.i talked to the manager about the shortagesand he had instant access to warehouse numbers. He told me their warehouse had 900 1gallon rotella 15w-40.. hope it helps.. walmart is out, truck stops are out, 7-11's are out..
Thanks for the info. This matches with what I have heard - some places have it and some do not. Those that DO are often limiting the amount you can buy. They are likely working off supply and may not be getting a new supply.
Thank you so much for your videos...Highly informative and greatly appreciated!
You are so welcome!
Hello guys, I work in the Automotive industry and some of the refrigerants and other supplies have increased over 200% in price! I couldn't believe it 🤯, and guess who carries the cost?? Yup the consumers 😓.
Thank you. Appreciate the information on auto related products.
Feel free to give me a call if you ever want to chat.
More phenomenal charts. A few other sources have been reporting on the DEF issues and the destruction of food processing plants for about 6 months. But the more times you hear it from sources you tend to believe the more real it becomes, especially if mainstream media is not reporting it. Thanks again for another great video and all of the time and effort that was put into it.
Regena, I appreciate your generous and kind words.
Ridiculously informative and zoomed out perspective, thank you. Contract farming model is possibly a reason why the poultry farms are burning.
Thank you. What I have read (assuming you can believe what you read) is that they are killing the birds because of "bird flu" - to keep it from spreading. For what it's worth.
So what destroyed all the chickens and how?
Steve, this is a quote from the CBS News website. It is referencing a chicken farm in Rembrandt, Iowa.
"The culling at Rembrandt comes amid a spread of bird flu in the U.S. that has farms grappling with ways to quickly kill and dispose of millions of chickens and turkeys to limit the spread of disease.
More than 24 million birds have been killed in the past two months an effort to contain outbreaks. It is the biggest outbreak of bird flu since 2015, when producers killed more than 50 million chickens and turkeys."
Fires at processing plants seem like arson. Lots are happening in a short period of time.
Subscribed... Interesting information.
Thank you.
Thank you Ben, always interesting
My pleasure, Jim.
Thank you very much for information, I hope most of us will survive, God bless.
Agreed - that we first and foremost will focus on our survival. And let's hope there are some positive things that come from the current chaos. God bless you as well.
🍷🍷Hello Mr. B. Reppond, good overall view, totally agree with you - confirmation bias 😉
Thank you
Ben there have alot internet traffic about gov I bonds .. could you do a show about why they are pushing them so hard..
Government i Bonds have done very poorly over time - but have come into vogue this year. However, the kicker is that you are limited to $10,000. Not going to help much.
On the fires, what's your thought on the following. When there's no fertilizer, a farmer can't produce enough revenue so he'll leave the land barren and plan for next year. If crops are there but staff isn't, leave it to rot. For cattle, if feed is too expensive, slaughter them. For processing plants, if there's no food and staff is expensive, set the plant on fire, close doors and claim insurance. It's a coping strategy against some point of failure elsewhere in the agricultural system.
I can't disagree with anything you said. Seems to have a compounding effect in the wrong direction.
Scary data to say the least Ben. Thanks. What about the Employment data being somewhat stable & thus maybe preventing any 'recession'?
Gary, the one bright spot in the US economy is the job market. It was housing and jobs - and now housing is starting to show weakness is a number of markets. I try to connect dots - and stay away from forecasting. There is a fine line between the two.
If I were to go with historical patterns in times like this (aka the 1970s), I would guess that employment will also fall. It just does not make sense that everything else will collapse and jobs will be strong. But maybe it is just a matter of degree. Maybe the job market will not collapse but just soften a bit. i certainly do not see many signs of jobs becoming scarce. Thanks for an excellent question.
Very informative, I wish more and more people listen to your podcast 👍
Thank you.
🙏🏾🙏🏾
Sir, the dollar’s purchasing power has greatly improved for the Euro and Japanese Yen have lost 40-50% their values against US dollar. These will help the US inflation and economy, right?
Julie, yes the dollar has rallied this year against foreign currencies - certainly against the Euro and Yen. This, of course, helps our purchasing power of foreign assets. Not sure about how it will impact our economy and inflation. These countries are also dealing with their own economic and inflationary issues.
@@Reppondinvestments The imports will be cheaper therefore the inflation will be reduced, and then the Fed can lower the rates sooner
It's a double-edged sword. It helps the US purchasing power, but hurts exports as US products become more expensive. Countries that import from the US may be forced to look for cheaper alternatives, which would hurt the US economy.
Doesn’t the rise in the dollar likely signal a period of deflation ahead? (AKA Stock Market crash)
Point well made. I agree.
Thank you sir, How can someone be prepared, how someone can store food for seven years , how someone can plant food such as vegetables, in California there is drought people are limited to water, it's easy to say, I tried to plant vegetables animals ate them all, if you have better idea please let us know, if these things come true, people have to guard there plants with guns.
Yes, this is dependent on being able to have proper soil, water and weather conditions to grow one's own food. I do understand the challenges in California. I can't offer much advice - given the challenges you described.
Scary stuff, you have to your own central bank and have access to alternative food sources. Don't depend on anybody
Thanks, Sean. Yes, it is scary stuff. I keep looking for a glimmer of hope somewhere - a ray of light at the end of the tunnel.
Biblically speaking we should all be looking at Daniel 8 & Isaiah 28-38. Daniel states that once the Kurds-Medes are forced to align with Iran-Persia. Turkey would destroy the Iran and the Kurds. Isaiah states that once Israel aligns with Turkey and Egypt, Iran would be destroyed. Both have just occurred. Iran will fall by the end of this year.
Not sure about the timetable, but I agree with your point.