American Economics Thread

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gelgoog

Lieutenant General
Registered Member
This is not just the case with baby formula. It is the case in most daily products. There are only like 3 suppliers for every single product. And sometimes they hide behind multiple brands to make it appear you have choice when in reality you don't. In some cases those multiple suppliers even have common elements in the supply chain. To a large degree this is a result of large monopsonies like Walmart dominating US retail.
 
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BlackWindMnt

Captain
Registered Member
gelgoog said:
This is not just the case with baby formula. It is the case in most daily products. There are only like 3 suppliers for every single product. And sometimes they hide behind multiple brands to make it appear you have choice when in reality you don't. In some cases those multiple suppliers even have common elements in the supply chain. To a large degree this is a result of large monopsonies like Walmart dominating US retail.
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There is this meme picture about western brands and their mother companies.

Edit: this is one.. Not sure how verified it is tho
Sn2m6t2hooyRqiTMDdfNplhDyOIiscboheteGgEgi54.jpg
 
C

caudaceus

Senior Member
Registered Member
gelgoog said:
This is not just the case with baby formula. It is the case in most daily products. There are only like 3 suppliers for every single product. And sometimes they hide behind multiple brands to make it appear you have choice when in reality you don't. In some cases those multiple suppliers even have common elements in the supply chain. To a large degree this is a result of large monopsonies like Walmart dominating US retail.
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Probably they even put same thing into different brands.
 
Coalescence

Coalescence

Senior Member
Registered Member
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The New York Fed's "Empire State" index on current business conditions tumbled 36.2 points to a reading of -11.6 this month. A reading below zero signals a contraction in the New York manufacturing sector.
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Manufacturers reported a sharp decline in orders. The survey's new orders index plunged 33.9 points to a reading of -8.8. There were also massive decreases in shipments and unfilled orders measures. Factories continued to wait long periods for supplies to be delivered.
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Doesn't seem good over there as well, seems like a Global recession is a near-certainty.
 
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