Gimmee some sugar, Mr. Resident
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wrote on 27 Nov 2022, 19:33 last edited by
The ban is expected to drive up sugar prices.
Duh
The president likes high prices.
Less sugar, less obesity, better fuel economy and more room in airplane seats
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wrote on 27 Nov 2022, 21:35 last edited by
Funny, Lucas and I were talking about the historical impact of the sugar trade and the spice trade while we were preparing Thanksgiving dinner. Spices that we take for granted today used to cost unbelievable amounts of money 200-300 years ago.
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wrote on 28 Nov 2022, 03:10 last edited by
That brings up the question:
If the allegations are true, do you agree with banning sugar from this company?
(Or, when is human rights more important than cheap product? (or vice versa?))
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wrote on 28 Nov 2022, 03:41 last edited by Mik
Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
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Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
wrote on 28 Nov 2022, 04:21 last edited by@Mik said in Gimmee some sugar, Mr. Resident:
Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
I bet a lot of people said quite a bit of that stuff when people wanted to abolish slavery in the US and elsewhere.
It's not clear to me that Biden is doing the wrong thing here, but none of us really have enough information to make that call.
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@Mik said in Gimmee some sugar, Mr. Resident:
Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
I bet a lot of people said quite a bit of that stuff when people wanted to abolish slavery in the US and elsewhere.
It's not clear to me that Biden is doing the wrong thing here, but none of us really have enough information to make that call.
wrote on 28 Nov 2022, 04:52 last edited by@Doctor-Phibes said in Gimmee some sugar, Mr. Resident:
@Mik said in Gimmee some sugar, Mr. Resident:
Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
I bet a lot of people said quite a bit of that stuff when people wanted to abolish slavery in the US and elsewhere.
It's not clear to me that Biden is doing the wrong thing here, but none of us really have enough information to make that call.
Not that Great Britain ever exploited anyone...
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@Doctor-Phibes said in Gimmee some sugar, Mr. Resident:
@Mik said in Gimmee some sugar, Mr. Resident:
Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
I bet a lot of people said quite a bit of that stuff when people wanted to abolish slavery in the US and elsewhere.
It's not clear to me that Biden is doing the wrong thing here, but none of us really have enough information to make that call.
Not that Great Britain ever exploited anyone...
wrote on 28 Nov 2022, 11:32 last edited by Doctor Phibes@Jolly the key difference between the past and the present is that changing one of them actually makes a concrete difference. Admittedly, changing the other one might be easier.
Incidentally, according to Google, those young lads are working in Pittsburgh. We had our own coal mines.
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Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
wrote on 28 Nov 2022, 16:50 last edited by@Mik said in Gimmee some sugar, Mr. Resident:
Your question is a gross oversimplification of the issue.
I was questioning in general terms. There is a line at which people/governments will ban a company, regardless of the economic cost. Has that been reached with the sugar company? I am not sure.
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@Mik said in Gimmee some sugar, Mr. Resident:
Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
I bet a lot of people said quite a bit of that stuff when people wanted to abolish slavery in the US and elsewhere.
It's not clear to me that Biden is doing the wrong thing here, but none of us really have enough information to make that call.
wrote on 28 Nov 2022, 17:01 last edited by Mik@Doctor-Phibes said in Gimmee some sugar, Mr. Resident:
@Mik said in Gimmee some sugar, Mr. Resident:
Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
I bet a lot of people said quite a bit of that stuff when people wanted to abolish slavery in the US and elsewhere.
It's not clear to me that Biden is doing the wrong thing here, but none of us really have enough information to make that call.
The road to hell is paved with good intentions. I'm not saying he's doing the right or wrong thing, just that TG's question was inadequate to reach a conclusion.
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Your question is a gross oversimplification of the issue. Can we cut that supplier off without further economic disruption here? What does the company have to do to rectify the situation? How will we monitor it? How will the shut off affect the people we are trying to help? Can we replace their product from other suppliers, and are those suppliers any better? Is this a real step in a more moral direction or is it just grandstanding while bringing no real change?
wrote on 28 Nov 2022, 21:13 last edited by@Mik said in Gimmee some sugar, Mr. Resident:
Can we cut that supplier off without further economic disruption here?
https://tradingeconomics.com/commodity/sugar
The “one year” chart projects continued decline of sugar commodity price into Oct. 2023, guess there’s not much of an economic disruption.
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wrote on 28 Nov 2022, 23:18 last edited by
Well, hang on to your charts, Fred.