Comments on: Big money for container carriers https://www.isegoria.net/2021/10/big-money-for-container-carriers/ From the ancient Greek for equality in freedom of speech; an eclectic mix of thoughts, large and small Thu, 30 Apr 2026 20:25:16 +0000 hourly 1 http://wordpress.org/?v=3.6.1 By: Freddo https://www.isegoria.net/2021/10/big-money-for-container-carriers/comment-page-1/#comment-3442885 Freddo Sat, 02 Oct 2021 19:27:48 +0000 https://www.isegoria.net/?p=48243#comment-3442885 It would be impossible for US and European oil, gas, and coal producers to get permits to expand production anyways, so of course they are happy to see prices rise and will sell the same amount of product for additional profit.

Looking at the recent German elections it is time to trot out the Mencken quote: Democracy is the theory that the common people know what they want, and deserve to get it good and hard.

]]> By: Harry Jones https://www.isegoria.net/2021/10/big-money-for-container-carriers/comment-page-1/#comment-3442877 Harry Jones Sat, 02 Oct 2021 18:24:26 +0000 https://www.isegoria.net/?p=48243#comment-3442877 How exactly does one reap huge profits from shortages? Doesn’t a shortage mean you don’t have enough merchandise to sell?

Unless it’s a fake shortage…

]]> By: Bob Sykes https://www.isegoria.net/2021/10/big-money-for-container-carriers/comment-page-1/#comment-3442810 Bob Sykes Sat, 02 Oct 2021 12:44:58 +0000 https://www.isegoria.net/?p=48243#comment-3442810 On a related note, oil, gas, and coal companies are reaping huge profits from the current shortages, but they are not reinvesting in new production. They are paying down debt and accumulating cash.

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