Comment by gehwartzen

Comment by gehwartzen 4 hours ago

4 replies

I work for one of the largest packaging companies in the world. Customers across the board in the US are cutting back on how much packaging they need due to presumably lower sales volume. Make of that information what you will.

chii 2 hours ago

car manufacturers, right at the beginning of covid, started cutting orders of components from their suppliers, thinking that demand is going to drop due to covid induced recession.

Guess what happened next?

  • tyre an hour ago

    Covid was a black swan event. Unless we see something like the MBS collapse, the underlying economic weakness isn’t due to a such an acute root cause.

    Not sure how comparable they are.

    • mtsr 7 minutes ago

      I know it’s not popular to bring politics into things on HN, but… From the outside at least, White House policy sounds like at least as much of a black swan event as COVID.

  • littlestymaar 44 minutes ago

    A gigantic contracyclic fiscal policy was adopted to sustain demand.

    Do you think Trump and the GOP will do that anytime soon?