Signs of world economies spiraling out of control

[Rasputin_Vol]

Looks like we've not only got overproduction and falling prices in oil, but now it looks like we have deflationary pressure hitting legalized weed in Washington state.

Washington state growers struggling to sell legal marijuana | Fox News

 

[Carl Pickens]

Simple supply versus demand......

 

[Rasputin_Vol]

Argentina: What the tampon rumpus says about the troubled country | Reuters

(Reuters) - Argentines have been complaining for a while now about the country's product shortages. And, until recently, the government has managed to brush aside such protests, which have centered around Argentina's import restrictions.

Well until, that is, the country's 20.6 million women couldn't find their favorite tampons earlier this month - during the height of summer.

"For 20 days, we simply couldn't source any tampons from wholesalers," said Ariel, a 29-year old pharmacy owner.

 

[YorkVol]

One of you economists can explain, is this the way a market corrects itself?

 

[Rasputin_Vol]

Caesars Palace’s bankruptcy is another hit on private equity - The Washington Post

 

[Rasputin_Vol]

When gambling and weed can't even thrive in this environment, that should tell you something.

Macau casinos suffer worst year amid anti-graft push - Business News | The Star Online

 

[CountVolcula]

Does this mean we go back to the barter system?

 

[LouderVol]

When gambling and weed can't even thrive in this environment, that should tell you something.

Macau casinos suffer worst year amid anti-graft push - Business News | The Star Online

i wont speak towards the gambling too much except to say online gambling in huge in asia, for the weed market it is probably too much supply. too many people jumped on the weed bandwagon and over-saturated the market.

 

[timmy3]

too many people jumped on the weed bandwagon and over-saturated the market.

Those poor Mexican cartels can't compete with the American grown stuff. Sad day.

 

[FLVOL69]

Those poor Mexican cartels can't compete with the American grown stuff. Sad day.

Their shlt is dirt weed..

 

[SpaceCoastVol]

Looks like we've not only got overproduction and falling prices in oil, but now it looks like we have deflationary pressure hitting legalized weed in Washington state.

Washington state growers struggling to sell legal marijuana | Fox News

Why pay for it when you can grow your own? Duuuuh, didn't see this one coming.:birgits_giggle:

 

[Sandvol]

What'd they think was going to happen when it was legalized?

 

[#VFL__]

What'd they think was going to happen when it was legalized?

We dont have to pay to put them in prison for starters.

So that is one less of a drain on our taxes.

 

[Sandvol]

We dont have to pay to put them in prison for starters.

So that is one less of a drain on our taxes.

I'm talking about the price dropping.

 

[#VFL__]

I'm talking about the price dropping.

Gotcha, the profit will come from secondary products.

Skin care, hemp, seeds, and such.

 

[Vol8188]

I'm talking about the price dropping.

Price of drugs dropping is a great thing.

 

[SpaceCoastVol]

Gotcha, the profit will come from secondary products.

Skin care, hemp, seeds, and such.

baggies. don't forget baggies.

 

[SpaceCoastVol]

Price of drugs dropping is a great thing.

Why?

 

[Vol8188]

Why?

High drug prices lead to increased profits for organized crime and force users to commit crimes to pay for the drugs.

 

[apevol]

High drug prices lead to increased profits for organized crime and force users to commit crimes to pay for the drugs.

Huh? Man if the cost of smack bottoms out, ill only have to steal a tenth of the scrap I do now... (I am not serious)

 

[CNCVol88]

High drug prices lead to increased profits for organized crime and force users to commit crimes to pay for the drugs.

Just some anecdotal evidence but I've honestly never caught a person shoplifting who needed a blunt. We've had this convo before though and you know where I stand on hard drugs.

 

[apevol]

Just some anecdotal evidence but I've honestly never caught a person shoplifting who needed a blunt. We've had this convo before though and you know where I stand on hard drugs.

Cheaper weed, and less testing would remove much of the incentive for hard drug use

 

[Dave1967]

World wide depression 1929-1939 style made be on it's way.

 

[hog88]

World wide depression 1929-1939 style made be on it's way.

Maybe not that bad but close. It's a coming.

 

[SpaceCoastVol]

World wide depression 1929-1939 style made be on it's way.

Naaaaaah. The big federal banks will keep on printing money until they run out of ink... no big deal. It is the democrat plan. Some perverted law of big numbers or some nonsense. Keep printing, and you simply HAVE to hit the right number and everybody will miraculously find work....