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DrScopeify
Neil McCoy-Ward
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Comments by "DrScopeify" (@drscopeify) on "Neil McCoy-Ward" channel.
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I work with logistics and I can tell you that there are no shortages at all in my area, in fact we starting to back up pretty bad right now. Stuff is not selling like it was during COVID for Household goods. People are out running around and not buying stuff for their home like they were. I expect hefty hefty price drops in the next few months, the warehouses have some room but dates are ticking, I think maybe 2-4 months. You really start to see mounting losses if goods sit more than a few months and I am seeing this across everything I have my hands on. Pretty much going back to 2018-2019 pre COVID. The fear of shortages I think is old information, I am on the front lines and I see the total opposite, too much stuff is pilling up in storage.
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@drehardin Factories stop and start all the time what matters is the logistics. At the end of the day if something really has a shortage another source will fill in the gap, trust me empty shelf in a store is one companies loss but another's gain. For every closed down company plenty of new players will jump in. Money is dangling from a tree branch people will jump and grab it so I am not concerned at all about some factories.
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LISTEN UP WELL. Your money is already digital today and has been for the last 20 years. Your money in 2010 was all digital as well, it's just kept on the banks computer and so it still is today too. Your money is DIGITAL already.... What is Digital money they are talking about? It is just a way to give you pounds or dollars in a file on the internet so that if you want to buy something like a used car you can just send the digital files/money to the seller and not have to go to a bank to pull out money and waste your time. You log on to the your bank app on your phone, download X sum of digital pounds/dollars and pay the seller of a car to buy it. How easy is that? The problem is making sure that digital money is authentic and this is where the new technology comes in. China has been the first to release digital money and you can use the files sent online as real money and confirm it is real and legitimate, the world is now falling behind China, believe it or not. It's time to catch up. Digital money is good for us all, allowing us to take money out of our accounts in to our hands without even needing to visit a bank!!!! Very cool
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