The Masters Tournament runs golf. I would put odds of the tournament leaving Augusta at 1%. It starts next week so I doubt they'd move the tournament this late of a time. Groups are calling for the Tournament to be moved but the PGA Tour hasn't responded.
Right? Like...maintaining the status quo of a white male elite is Augusta's *whole thing*. Why would they punish Augusta for Georgia being the kind of place that...Augusta has been...all along?
Fucking ridiculous. Seriously
More toilet paper shortages ahead. The more I read the more I realize that we are going to experience a lot of issues with the supply side of our economy. For months, economists have been debating what sort of pent up demand is out there given that people have been "locked up for a year" (I guess they didn't talk to any essential workers). However, I'm in the camp of economist that see the supply side shortages as a much bigger problem that could really transform our economic landscape. I don't think there is as much pent up demand as some economists believe. I think they fail to take into account the rise in food prices and exactly how many people were negatively effected by Covid-19.
But now experts say a brand new toilet paper shortfall could be on the horizon due to the lack of availability of shipping containers and space on cargo ships.
Suzano SA CEO Walter Schalka, whose firm produces the wood pulp that’s key to manufacturing bath tissue, told Bloomberg shipping problems threaten to delay his company’s shipments from South America and could ultimately leave store shelves tissue-less once again.
The shipping container shortage problem has been playing out for months due to high demand from China and the effects of the coronavirus pandemic on the global economy.
Expert predicts toilet paper shortages will happen again
High demand for shipping containers could clog the supply chain.thehill.com
I just read a great article by Richard Murphey that I thought was great at outlining the relationship between interest rates, inflation and asset prices and how these things are interdependent and inverse of each other--as inflation and interest rates stay low, asset prices rise. This is essentially what is happening right now because the feds have constructed our inflation at 2% to keep asset prices steadily rising (regardless of the real value of said asset). This is causing assets to be severely overpriced which is why most capital investment in this economy makes no sense.
I think you saw this but I'll link it here too.
thehill.com
www.historic-uk.com
Matt Groening attended Evergreen State College In Olympia Washington, Olympia, WA is the State Capital of Washington, Washington is the “Evergreen State” Seattle and Redmond resides in Washington which is home to Amazon and Microsoft and Starbucks, Washington State was named after the first President of the United States of America, George Washington, George Washington was a noted Free Mason, The US Capitol is also named after George Washington and their largest newspaper is the Washington Post, The Washington Post is owned by Who...Jeff Bezos. Jeff Bezos resides in Washington State along with Howard Shultz and Bill Gates, they all live in the “Evergreen State” what else is green...Lizards. If you were an alien race of lizard people where would you reside? Obviously in the Evergreen State AKA Washington. In the Simpsons Season 4 episode 14 episode entitled “Selma’s Choice” Lisa Simpson declares herself “The Lizard Queen” later in season 11 episode 17 entitled “Bart To The Future” Lisa is the President of the United States preceded by...DONALD TRUMP. Clearly this was Matt Groening attempting to warn us that in the future the US would be controlled by a race of alien lizard people.
Sorry mate but that just ain’t true. I suppose you could say Labour got elected in 1945 on the promise of brighter days post war but it was the process of decades of slow reform and a major crisis in health provision in the years immediately before WWII.
The Birth of the NHS - Historic UK
On the 5th July 1948 an historic moment occurred in British history, a culmination of a bold and pioneering plan to make healthcare no longer exclusive to those who could afford it but to make it accessible to everyone: the NHS was born.
I think it's in the Murphey article I linked to above. It's the one that shows the inverse relationship between asset price and interest rates and inflation. The powers that drive our economy didn't want another Great Depression a la the 1930's so they started financially engineering our market to avoid that sort of rapid asset devaluation. This later was incorporated into a more complete economic theory where everything is fine, as long as asset prices always go up. So to make sure this happens, the Federal Bank has controlled inflation through interest rates.
Patriarch gotta patriarch.
