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Saturday, April 4, 2020

The US dairy and agricultural farmers are dumping their products. Why?

https://sg.finance.yahoo.com/news/u-dairy-farmers-dump-milk-100952217.html

The lockdowns have diminished consumer demands and disrupted logistics greatly for these dairy and agricultural farmers and they're left with no choice but to destroy their own products.  This is something that will happen during the depression but it is happening now.

What's going to happen when demands come back?

Food supplies will be in a shortage and prices will start to rise.  In a severe situation, hyperinflation will occur and this is my major concern as stated in my earlier post because other prices will rise rapidly due to the excessive monetary and fiscal policies.

http://sg-stock.blogspot.com/2020/03/whats-next-after-covid-19-outbreak.html


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