Talk of The Villages Florida - View Single Post - Recession or just pandemic recovery?
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Old 07-28-2022, 09:42 AM
Keefelane66 Keefelane66 is offline
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The whole world is in recovery since the pandemic subsided. Supply and Demand everyone is requiring more product excessive demand creates shortages. Recently WalMart stocked up on clothing, electronics, yard furniture because of demand the previous year shortfalls. Due to increases in demand for daily staples FOOD, petroleum they are experiencing short falls in demand for clothing, electronics, furniture expect lower prices to deplete stock.
Fuel prices are coming down there is still a short fall in chip making for vehicles which may be resolved in Congress by finally returning production to US manufacturing FINALLY it all takes time. Again the Government is subsiding Companies to return this required commodity just as we bailed out the auto and banking in 2009. Sometimes the Government does work.