Consider this headline:
In the last week, I talked with three construction contractors and an electrical contractor concerning the future. The electrical contractor told me that all of the people he knows in construction have the same purpose: work as much as possible now because the collapse is imminent. They cannot get help but they are making money.
The construction contractors also have the same mindset. All three are considering or already have bought sawmills. We have trees everywhere in the mountains so the supply is good. As far as energy to cut and dry the lumber…
I bought the material for my electrical rough-in this week. Except circuit breakers. The electrical supply company told me that circuit breakers are in short supply. Their company currently has a backorder of 1,000,000 units.
Remember this classic:
For want of a nail the shoe was lost,
for want of a shoe the horse was lost;
and for want of a horse the rider was lost;
being overtaken and slain by the enemy,
all for want of care about a horse-shoe nail.
The Way to Wealth (1758)
We see cars and truck manufacturing in the same position as computer chips are not available.
I had several discussions this weekend concerning bartering. One of the issues discussed was fungibility I will have to barter ammunition for circuit breakers to finish my house. Strange times.
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