Recent comments in /f/wallstreetbets

_ziros_ t1_ja4wnu6 wrote

Where did you find the data that the credit card debt to savings ratio is the worst in history? I’m trying to further support my bear/short thesis and trying to collect as much data as I can. It’d be really helpful if you can share the link with me and I can save it for later. Thank you much appreciated

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rickert1337 OP t1_ja4qmgj wrote

American farmers? Can u link source? That just means those will have a hard time in the future against those that didnt.. its a risk to do that.. and if prices stay low that will mean the risk they took didnt pay off.. u cant say that prices will stay high because some farmers bought 2 yr worth of fertilizer.. then stores will buy from farmers that didnt.. ofc some will have contracts but then people will go to a store that does not. Its how the world works

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-Face_McShooty t1_ja4ix2k wrote

That's not how this works. Companies use high prices as excuses to raise prices. They rarely bring them back down when they can charge the same and make more profit until enough people complain.

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