As Much As 25% Of America’s Meat Production Is Offline. Looming Shortages Show COVID’s Inflationary Side.

As Much As 25% Of America’s Meat Production Is Offline. Looming Shortages Show COVID’s Inflationary Side.

Last weekend, I talked a bit about pork and how prospective meat shortages in the US amplify a larger debate centered around how to characterize the coronavirus epidemic from a 30,000-foot economic view. Broadly speaking, the question is whether the current circumstances are conducive to an outright deflationary spiral or whether this is a setup for the return of inflation in the developed world sometime down the road. There's no question that the lockdowns associated with the global effort to
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5 thoughts on “As Much As 25% Of America’s Meat Production Is Offline. Looming Shortages Show COVID’s Inflationary Side.

  1. If Donald Trump says “The US Food Supply is totally secure and in great shape”, then I think you can be pretty damn sure that it isn’t.

  2. If you’re looking ahead to next winter and a possible second wave with food shortages…you may want to pick up some tinned meat to help get you through. just in case…and I agree…Trump’s endorsement is a red flag .

  3. “It is imperative that governments confront the fact that these can happen, and the likelihood they will.

    What’s required is some big-picture rethinking about terrorism in contexts not typically addressed in the past: public health infrastructure is a fundamental part of domestic security; health-care facilities and food distribution outlets are now plausible targets for terrorists.

    https://www.thedailybeast.com/trumps-coronavirus-bungling-breathes-new-life-into-terrorist-movements

  4. We need a Manhattan project for PPE. Instead we get suggestions that we be treated internally with disinfectant or UV light. Even Fox News is starting to get restless about the situation. When Fox News criticizes Trump, certainly armageddon must be right around the corner.

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