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Topic: Risk of Scarcity. - page 2. (Read 541 times)

legendary
Activity: 2128
Merit: 1775
May 25, 2021, 02:05:45 AM
#31
and the supply of an Government it is not enough for everyone.
Pandemics do not always bring every individual to negative things, with the current pandemic many people spontaneously think of doing something that leads to success.

If you rely on every gift from the government and do not want to rack your brain to do something, you will definitely experience bad things in life, especially the economy, me, see many people currently doing something that gives them good results and success.

For example: this is an experience that I have seen and managed to do during a pandemic.
• You can run a business to sell organic fertilizers and plant seeds that you can grow and get results in the short and long term.

If you do business such as selling fertilizers and plant seeds this will not only have an impact on yourself 'Economy' but it will have an impact globally / locally and internationally from your efforts.
* Fertilizer: can be processed from cow sheds or trash that can be sold to farmers.
* Seeds: can develop several young plant seeds such as vegetables, chilies, carrots, wheat, rice, bananas, oil palm, salak and also date palm seeds and many others, at least you can develop 20 types of plant seeds to be distributed and ready for planting to local farmers.

With this kind of effort you and most people will get out of the economic poverty that plagued you during the pandemic, You can produce from fertilizers and seeds until harvest. You can buy again from farmers and sell export / import with different profits, this is an example of a business that has been successful. 70% of people have economic income.

Not to mention that you are farming beef chickens, bulls, squeezed cows, this can also get you and others out of the economic crisis during a pandemic.

Remember: only those who hope for compassion and are lazy are haunted by the pandemic.
member
Activity: 168
Merit: 10
May 24, 2021, 10:29:28 PM
#30
i'm more worried about the scarcity of basic commodities because it will affect the survival of the wider community
we hope that the owners of power don't act arbitrarily
member
Activity: 69
Merit: 12
May 24, 2021, 08:05:38 PM
#29
     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.
I do think that supply is never consistent with the economic situation. The prices more or so keeps getting up and down which dissolves the effect it might have produced and we often see inflation or deflation.
• Right now what's going on is that we don't have enough jobs, due to high demand prices of some things are rising. Plus the government needs to work on getting more jobs to the people. Education system is collapsing, online education is not helping anyone, especially in medical schools where excessive practical skills are needed.
•If the resources are not up to the mark in terms of big factories, turn towards small farmers, near your area, this will not only help you but them also. At the same time you will get better products.
Honestly in a country where the big markets collaborates with small farmers you cannot see such changes. Everything is more or so normal and prices are nominal. Except for oil.
"How government handles the situation of pandemic is directly consistent with your statement, maybe they need a little more time to adjust"

   Yes , you have a point the government are still adjusting  and need a little more time to handle. Maybe we have a different status of and country, will in my country I found many people starving a food. Suffer regard their  low wages. And most of the employee lost their job due of and pandemic and it is getting worsen.
legendary
Activity: 2534
Merit: 1338
May 24, 2021, 11:10:13 AM
#28
Sustainability has been a very long-running issue for us ever since the introduction of civilization. People will hoard more than they can take and leave the penniless suffering. We can see this happening right now, and most likely in the following months as the pandemic carries on. Hopefully we find a way around this somehow because if not, we'll literally die of starvation.

I believe once the rules and order of the authority/government set in, everything will going to be fine. These people was panic buying and also hoarding at the same time is not right. And I'm sure there's a price surge going to happen because people are literally making more demands and there's a low supply once everyone is hoarding.

And just like I said, to avoid such situations like starving since there's a lockdown. People can plants vegetables in their back yard and use every idea you gather as a survival skills once you are in a situation. How long will people continue to do this? It's already been a year since it happened to all of us, I don't think they never learned anything yet from those whole year quarantined in their own house.
One of the big problems is that people lack imagination, as you say in the case there is some food scarcity people could grow a portion of their own food on their own homes, but do people actually do something like that? Of course not, they want things to be solved by the government but things are not that simple and this pandemic proved this, besides with all the inflation that is going up scarcity is not the only problem but the raising prices, and if to this we add the increased demand then those with little resources have almost no chance to get what they need out of the market.
member
Activity: 69
Merit: 12
May 24, 2021, 06:49:38 AM
#27
Due to the pandemic the demand for food products increased a lot, and certain products faced down as well which means that people stacking the food products more than what they needed due to the fear of lockdown which is what we saw exactly in 2020 in many countries.

But do these issue still exists?

Yes in my country I felt sad  cause I've seen many people in the Surroundings  . Begging some food and money cause they can not afford to buy .
hero member
Activity: 1890
Merit: 831
May 22, 2021, 11:23:34 AM
#26
     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.
I do think that supply is never consistent with the economic situation. The prices more or so keeps getting up and down which dissolves the effect it might have produced and we often see inflation or deflation.
• Right now what's going on is that we don't have enough jobs, due to high demand prices of some things are rising. Plus the government needs to work on getting more jobs to the people. Education system is collapsing, online education is not helping anyone, especially in medical schools where excessive practical skills are needed.
•If the resources are not up to the mark in terms of big factories, turn towards small farmers, near your area, this will not only help you but them also. At the same time you will get better products.
Honestly in a country where the big markets collaborates with small farmers you cannot see such changes. Everything is more or so normal and prices are nominal. Except for oil.
"How government handles the situation of pandemic is directly consistent with your statement, maybe they need a little more time to adjust"
legendary
Activity: 2338
Merit: 1124
May 22, 2021, 10:59:13 AM
#25
Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.
The reality is that governments went into their comfort zone and were caught off-guard when this coronavirus started spreading because apart from a few top tier countries, most of them were in a lose-lose situation where they cannot force lockdowns because it hurts the economy and if you allow markets to be opened they will soon the hospitals full.

The biggest problem is that there was no prior planning and once you shutdown markets for weeks and months then you cannot expect the economy to remain stable or grow.  Scarcity arose because it was hard to adapt and people with more money are ready to spend higher for the same item which the middle class cannot afford.
full member
Activity: 826
Merit: 100
May 21, 2021, 11:35:26 PM
#24
Sustainability has been a very long-running issue for us ever since the introduction of civilization. People will hoard more than they can take and leave the penniless suffering. We can see this happening right now, and most likely in the following months as the pandemic carries on. Hopefully we find a way around this somehow because if not, we'll literally die of starvation.

I think differently about this, in my country as far as I observe, there are no serious obstacles to food for rice due to the Covid pandemic. We can conclude that farmers are more resistant to Covid, perhaps because they are often in the fields exposed to the sun and are always on the move, thus forming a strong immunity
sr. member
Activity: 2506
Merit: 368
May 21, 2021, 06:08:39 PM
#23
Sustainability has been a very long-running issue for us ever since the introduction of civilization. People will hoard more than they can take and leave the penniless suffering. We can see this happening right now, and most likely in the following months as the pandemic carries on. Hopefully we find a way around this somehow because if not, we'll literally die of starvation.

I believe once the rules and order of the authority/government set in, everything will going to be fine. These people was panic buying and also hoarding at the same time is not right. And I'm sure there's a price surge going to happen because people are literally making more demands and there's a low supply once everyone is hoarding.

And just like I said, to avoid such situations like starving since there's a lockdown. People can plants vegetables in their back yard and use every idea you gather as a survival skills once you are in a situation. How long will people continue to do this? It's already been a year since it happened to all of us, I don't think they never learned anything yet from those whole year quarantined in their own house.
sr. member
Activity: 1918
Merit: 370
May 21, 2021, 05:26:50 PM
#22
Sustainability has been a very long-running issue for us ever since the introduction of civilization. People will hoard more than they can take and leave the penniless suffering. We can see this happening right now, and most likely in the following months as the pandemic carries on. Hopefully we find a way around this somehow because if not, we'll literally die of starvation.
hero member
Activity: 2114
Merit: 619
May 21, 2021, 01:45:29 PM
#21
     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.
Please tell me one thing that is scarce these days? Except obviously medical supplies in third world countries everything is readily available. It's actually the purchasing power or the incomes of the people that has gone Pretty down. I don't think any other currency would have been able to save us from this due to disruption in the economic system due to covid. So it is entirely wrong to say that there is scarcity infact the fed ensured that there is no limitation to supply so they printed a lot of money.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
May 21, 2021, 01:30:48 PM
#20
I don't think there is already a scarcity going on. Most raw materials are still being harnessed on a large scale on most sources, but the processing however is somewhat on a slower scale considering that the pandemic is still out and about, and health restrictions are still out there to control the spread. What's happening rather is the continuous back and forth of trade embargoes, penalties, and restrictions imposed by one country to another, causing delays in shipments, an artificial shortage in supplies, and a lot more problems in the economy. We still have loads of resources to get, although of course we need to harvest them sparingly and replace them as fast as we could, but the egos of world leaders add up to this shortage of supply on most parts of the world. It's like they're playing a chess game wherein we are all the pieces that can easily be disposed.
hero member
Activity: 1274
Merit: 622
May 21, 2021, 12:48:27 PM
#19
I don't think we will have much problem to grow more resources for the more population because we are technologically (specially in biodiversity) much advanced, that we can artificially create foods on a large scale if necessary. The people getting jobless is a big problem, but, the disease is also bad and should be controlled, while those people can try to earn something from online or use their savings for this pandemic, but another issue is, this lockdown is making people to reproduce more and adding more to population Grin which needs to be controlled a bit Grin
What exactly do you mean by "artificial food"? Yes, there are new technologies, that allow you to grow crops in artificial conditions, not depending on the season, there are even recent developments that allow you to create artificial meat of some sort.
However, though it gives us some freedom in terms of time frames, conditions, and these technologies can be adjusted to pandemic more easily, all of them still require some resources: light (which requires energy, which is, if not solar, still limited), culturing media, reagents for the technologies.
Nothing can be created out of the thin air and the key here is managing the supplies properly, ideally, by implementing recycling technologies, IMO.
legendary
Activity: 2534
Merit: 1338
May 21, 2021, 11:26:19 AM
#18
     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.
A great deal of the problem has to do with governments not giving priority to produce locally the products and services that they need, I can understand that it is not possible to do this for every single product but you could reduce your dependency on the supply chain if food was produced locally and yet we do not see this, it is cheaper to produce the food far away and then bring it and when things like a pandemic happens then it is difficult to bring the food where it is needed.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
May 21, 2021, 10:28:58 AM
#17
Due to the pandemic the demand for food products increased a lot, and certain products faced down as well which means that people stacking the food products more than what they needed due to the fear of lockdown which is what we saw exactly in 2020 in many countries.

But do these issue still exists?


The lockdown almost made people unable to work and feed properly until it was lifted early last year where I live.
I would be surprised to see people go hungry or starve with no major crisis to cause that. Lots of staple Foods produce by local farmers are pretty cheap and not lacking in supply. If you want to hear about huge inflation, hunger and starvation happening around you, listen to the News. They seem to like reporting such things even when everyone is busy working, feeding themselves and not begging for food. You see very few beggers once in a while... If you ask even those making alot of money in your presence about the economy, they'll likely tell you they need money or there is no money anywhere.

They media tend to bring hopelessness to situations and does encourage society/people to greedy, unthankful, always complaining, even those that have enough.
Bees, ants and others animals are hardly seen dying of hunger in the midst of plenty. They have been working hard and feeding themselves, why not humans?
copper member
Activity: 2968
Merit: 575
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May 21, 2021, 08:01:35 AM
#16
     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product.
Its all politics. Scarcity is sometimes created on purpose. It's not because of high population or poverty or lack of interested. It's done to jack up the price. They form syndicates with one common interest, to sky rocket the price. Those artificial scarcity allows those monopoly market to make huge profit, but it ends up hurting the economy in the long run.
Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.
Might be true for 3rd world countries, but rest of the word is doing good. Haven't heard of any country suffering from food shortages due to pandemic.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
May 21, 2021, 07:10:51 AM
#15
It has been said many times, but scarcity is inevitable especially for people who are clinging to go to cities where the cost of living is very much expensive and all of the sources are generally imported from different countries.

The problem is, countries and their governments find it hard to manage the sources because we all know that all of the countries are having hard times managing their own supplies, as well.

Well then, I think we should start digging holes and planting seeds that we will then soon eat. Scarcity has been there since day one. But we all have to survive and not blame anyone for it.
hero member
Activity: 2590
Merit: 644
May 21, 2021, 04:52:28 AM
#14
^ Scarcity is the twin abundance, this problem has been there since the first generation. However, people don’t lose their source of food. They just lose a source of food of what they wanted but when you look at your surroundings and where you came from, there is a lot of things to fill your stomach. The only problem in most of the countries is that they tend to have metro cities where people tend to go just to earn more money. If countries have the initiation to generalized wages to all of the parts of their countries, I don’t think scarcity is a problem. People will have their cost of living cut and go back to their origins so metro cities will become more air to breathe and a source of food to share.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
May 21, 2021, 02:41:09 AM
#13
Scarcity is not an issue created in vacuum but it is created by humans and especially those in government. The government has all it takes to create a well developed supply chain but because they lack proper planning (especially less developed countries), then scarcity will be created. For example, when talking about demand and supply, you need good roads, proper communication levels or good internet connection. All these are important to get supplies down to final consumer. As to the cryptocurrency, it has taken the advantage of modern life. The digital is creating a good value chain through the blockchain and it makes life easier.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
May 21, 2021, 02:25:36 AM
#12
This has a lot of effect on my economy even before the pandemic we have been experiencing more import of goods and services than the import rate. Prices of goods and services have been on the high side since the pandemic and we are still facing it.
If a country doesn't support their local produce then an increase is really going to happen since import of goods is an expensive thing plus the time its shipped gets delayed, the more it becomes expensive. This isn't a pandemic problem, this has been happening for a long time.
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