What a horrible economic system we live in where, if YOU are to earn a living, others must STARVE !!!
You just summed up Capitalism right here.
Wishing other people to starve and suffer food shortages so that your fertilizer stocks can rise up in price. But if people eat to their hearts and stomach's contents, then YOU starve. This is fucked up.
The current fertilizer debacle is being attributed to production overcapacity, just as the low oil prices are attributed to high oil production from many parts in the world such as shale oil, fracking, the Saudis dumping cheap oil etc.
We are producing a LOT of commodities, a LOT of goods and yet it is construed as bad because it is killing the high prices we can charge.
Last time I checked, having a lot of something is supposed to be good, not bad. I would rather have too much heat in the winter than not enough.
I would rather have too much water when I'm thirsty than not enough.
We need to abolish our current economic system because it requires scarcity in order to work and we are overcoming scarcity.
You wish for commodities to go up in price so you can make money on high prices. Everybody wants to take wealth from others.
Nobody wants to do the dirty smelly and ingrate work of producing the wealth in the first place.
I dream of having my own means of production, on my own lot, and produce my own wealth without having to worry about money.
Abolish property taxes and let me grow my own food, make my own electricity and live off the grid.
Let me commit suicide with explosives (no pain and no botching up the job) when I can no longer care for myself because the rest of the world doesn't care.
The rest of the world wants me to starve so they can make a profit.
I want to find a way to NOT PLAY the money game.
Also, if there is a food shortage and people starve, FOOD will go up in price but not necessarily fertilizer.
Growing the food is like refining petroleum, it is the bottleneck where you can charge high price.
Everybody pumps oil out of the ground but few refine it. That's why even when oil goes down, you pay the same price or even higher at the pump.
In fact, if there are environmental disasters where farmers lose their crops and get devastated, they might take a pause or stop growing etc.
Demand for fertilizer could go down despite the fact that food supplies are going down and price is going up.
If other farmers are devastated, current farmers might smell the money and be tempted to grow more to make more profits, but if they've maxed out their land usage, they cannot grow more to make up for the difference.
In the advent of a food shortage due to weather disasters, food prices will go up AND fertilizer prices will go DOWN.
So you better wish that we will have PLENTY of cheap food with a lot of farmers feeling compelled to produce more and more food to make up for the fall in profitability and require more fertilizer.
AI
