Like Chocolate? Who doesn’t? But expect to pay more. There’s two reasons, and one reason will spread to other crops, even minerals. 
A European Union law that aims to make chocolate more sustainable has left farmers racing to map their plots.
The Wall Street Journal reports Chocolate Prices Have Soared. A New Law Threatens to Keep Them High.
A new European Union law seeks to protect the world’s rainforests, which have shrunk dramatically in recent decades due to the expansion of land used to grow cash crops like cocoa, palm oil and coffee, or to herd cattle. Because the EU is the world’s largest chocolate market, importing more than half of the world’s cocoa beans, the law will also apply to global confection giants like U.S.-based Mars, the maker of M&M’s, or Switzerland-based Nestlé.
Starting from Dec. 30, chocolate makers that sell or produce in the EU will have to show that the cocoa they use wasn’t grown on land cut from forests since the end of 2020. In practice, it means that each morsel of cocoa that makes its way into the bloc will need to be linked to the GPS coordinates of the farm where it was harvested.
The EU initiative is part of a growing movement to make raw materials—including agricultural products and minerals used in smartphones and electric cars—traceable, with the goal of reducing the potential harm they inflict on the environment and local populations.
By 2022, the 36 signatory companies, which account for 85% of global cocoa use, said they had mapped 567,264 farms in Ivory Coast and were able to trace about 85% of their directly sourced beans in Ivory Coast and Ghana.
That effort doesn’t translate easily to the EU initiative. There is no central database for the various mapping initiatives. Some farms may have been mapped multiple times while others have never had their coordinates recorded.
Another snag is the level of detail of the required GPS longitude and latitude coordinates. The EU deforestation legislation requires cocoa farms to provide GPS coordinates that have at least six digits after the period, such as 6.113647, -3.850584. Previously, farmers and organizations under the Rainforest Alliance’s certification program shared GPS coordinates with only four decimal points.
That means potentially tens of thousands of farms that have been mapped will have to be mapped again—quickly. “We did this job in three years,” said Jean-Marc Gouda, a team manager at the Rainforest Alliance. “The challenge is to tell them to do it again in six months.”
The EU also requires larger farms to submit GPS coordinates of their entire borders, rather than just a single point within the farm, and provide a digital representation of the farms’ boundaries. Officials say they might use satellite images and on-the-ground inspections to check the supplied data is accurate.
Many farmers are only now finding out about the new EU requirements.
Even if the mapping is completed in time, the system where companies will need to upload the GPS data is still under development, raising concerns over a last-minute scramble to log millions of coordinates.
“This regulation will have a cost,” said Michel Arrion, chief executive of the International Cocoa Organization, which represents 52 cocoa-importing and exporting countries. “There will be a lot of documentation and bureaucracy.”
For consumers, the EU law couldn’t have landed at a worse time. Unseasonably hot and dry weather during the rainy season and wet weather during the dry season as well as cocoa-tree diseases have hit harvests across West Africa, the source of 70% of the world’s cocoa beans. Stockpiles this season are expected to be the lowest in 45 years, as demand outstrips supply for a fourth consecutive season.
Why Stop With Cocoa?
Well, they won’t. This idea may rapidly spread to coffee, sugar, and bananas.
And why not platinum, silver, and the entire gamut of rare earth minerals? Why not cows?
I fear we will need to eventually track everything.
California Governor Escalates the War on Gasoline Impacting Neighboring States
Back in the states, California Governor Escalates the War on Gasoline Impacting Neighboring States
You can agree or disagree with the goals as well as the means to achieve them. For the record, I think saving rain forests is a good idea.
The war on petroleum and especially natural gas isn’t a good idea at all right now. Phasing out coal for natural gas is a nice step that reduces most of the real pollution.
Regardless, there is a cost to all of this, even if you agree with it.
Expect More Inflation No Matter Who Wins the Election
The deficits are already a huge Congress cannot restrain itself ,
For discussion, please see Expect More Inflation No Matter Who Wins the Election
For many reasons, the Fed will struggle to contain inflation. This is part one on the Fed’s struggle. It covers deficit spending and interest on the debt.
Dear Jerome Powell, Is Everything Under Control?
The US stock markets are all at record highs, gold is at a record high, and silver is at the highest price since 2013. Welcome to the everyone wins market, no craps allowed.
On May 17, I asked Dear Jerome Powell, Is Everything Under Control? Spotlight Gold and Silver
Congratulations to silver bulls, copper bulls, gold bulls, S&P 500 bulls, Nasdaq bulls, Dow bulls, and US housing bulls?
Did I leave anything out?
Add trade wars to the mix.
The market does not believe everything is under control.
Neither do I.
It’s the old chocolate money game as usual, African corruption, cargill and the other big players making minimum investment in new plants spending $ fertilizer plus climate change.
April was high, I always look at weat, cper, corn, soyb, uso or /cl, gld or $gold or /gc, slv or /si, $cocoa, uup or dxy, $tnx, ung or /ng, $gaso
I wonder if the six decimal GPS coordinate nonsense is really about searching for fields growing drugs?
Very unlikely the enviro-weenies are the true customers for the data
The commodity spikes started in 2000 and 2001 when derivatives on all commodities were deregulated and created a multi trillion dollar market in commodity derivatives. This allowed anyone with money to trade derivatives on commodities without ever taking delivery of the end product. If we went back to the pre millennium regulations on derivatives, the commodity complex would end and we would see massive deflation on prices of everything. Inflation would crash to the point where the Fed could lower rates and not worry about spiking inflation again.
OMG!
.
Have you ever heard of commodities futures, options, not taking delivery?
You’re an idiot.
There is a plague of 8 billion humans… voraciously tearing through the planet’s limited resources.
What cannot continue.. will stop.
And it is stopping.
Gold is a very heavy metal that sank, with iron, to the core when the Earth was soft. Gold does not tarnish nor corrode. It is one of the three best conductors of electricity. The other two corrode and tarnish. The future is electricity. If you are an astronaut it covers your face shield. Gold is found in the crust randomly, from meteor strikes. It cannot be manipulated. It is flowing West to East.
ICC DA Fatso Bensouda was on sugar high. Trump threatened to use a 2002 law :
“Invade Hague” that protects US citizens and soldiers from radical ICC DAs.
Trump dismantled Michael Cohen. Trump’s witness scared the judge.
For everyone complaining about inflation, there is a great data driven video here about what inflation really would be if inflation is running at 7% or 15% like some conspiracy theorists believe..the tables are at the 5:30 mark.
https://www.youtube.com/watch?v=qUEtmgvnGVk
Yes, inflation is high but not as high as some people think, at least not yet.
Inflation is HIGH! In addition to food and necessities. Cost of insurance (health, auto, home) has increased 25% – 100%. Insurance costs are a higher percentage of people’s budget.
Insurance price increases have a lot of non-inflation inputs as well. More illegals without insurance, more people who “bought” cars they couldn’t afford during the stimmy bonanza of 2020-2022 and never purchased insurance, more uninsured motorists for various other reasons, increased “smash-and-grab” incidents, increased rental costs due to parts unavailability, signficant costs associated with EVs (nobody wants to be liable for a battery that was in a crash, so if there is any question at all, they just replace the whole battery at significant expense), more complicated electronics that are having problems that are expensive to diagnose and repair, etc.
Plus, the inflation inputs to insurance costs act with a lag. The inflation was the expansion of the currency supply several years ago. The price increases come later, and in the case of insurance, years later. That doesn’t necessarily indicate continued inflation (monetary expansion).
I just spent $46 at dollar tree today and left with three light bags. Give us a break with all that gaslighting.
Another reason to boycott woke Hershey’s. They put a man on their candy wrappers then called him a woman AND fired their un-vaxed employees.
This is a splendid opportunity for post-Biden US or post-Bonehead Canada to grab the chocolate making crown, away from Belgium and Switzerland (that also follows EU regulation).
I thought the same about chocolate prices as you, but see this newsletter-From Ken Fisher MarketMinder weekly newsletter – The Bittersweet Truth About Cocoa Speculation, Volatility in cocoa futures teaches a surprising lesson.By Elisabeth Dellinger — 05/10/2024
Her conclusions are pretty much the opposite of yours, and she presents several reasons backing up her thoughts.
Time for everyone here to compare prices of our favorite chocolate snack. I can get a package of six mars bars for 5 Euros in France. High quality stuff is at about 2 euros a bar, more if nuts are included.
Soon you will learn to price your chocolate in African currencies or more likely in UAE dinars
How big are the bars weight wise? The US has lots of sizes of bars so need to know what size you are buying to make a comparison.
Mars anything “high quality”? Seriously?
My favorite chocolate is Trader Joe’s 85% cacao dark chocolate. Still at $1.99 for 3.5oz (100g).
https://www.traderjoes.com/home/products/pdp/the-dark-chocolate-lovers-chocolate-bar-093184
If they are coming for your Chocolate Bars they are coming for your food.
Got a Garden growing in your backyard yet?
They have already started with regulating Cow farts.
What does it take to understand just how Nuts these people are?
“This regulation will have a cost,” said Michel Arrion
Isn’t that the thing with regulations? Dictatorship isn’t cheap to comply with. Who is the Mussolini of chocolate in the Eu?
In Gold We Trust
In Gold We Trust recently had 2 excellent youtube posts. For those interested in gold commodities ¤cies, I would suggest watching and also looking at the In Gold We Trust newest edition.
It is rare in the debate between Brent Johnson and Louis Gave regarding currencies that I agreed with both of them, they were both right in their points, anyway judge for yourself.
The local multiple fraud alias (Papascam, imgreen, mpofshit makra, jeffgreen, etc) was telling me that I was an idiot in 2019 for holding gold and silver. Fast forward to today and both are 100% gains. In the In Gold We Trust report, they predict another doubling of gold by 2030 and I am in full agreement. I also expect a doubling of silver if not more in that time frame. The report also notes many commodities such as copper, etc which are in structural deficits.
Can we expect at least a doubling of all commodities?
From Wedlock to Deadlock: The East-West Divorce – with Brent Johnson and Louis Gave (youtube.com)
The New Gold Playbook | In Gold We Trust report 2024 (youtube.com)
While some are predicting an imagined “need” to track everything everywhere and report to the central economic planning committee…
I think that is only the immediate knee jerk reaction. It is obviously driving costs way up, and that added cost is (for now) being passed along to consumers.
There is no law that says cocoa needs to be processed in Europe. At all. That is an artifact of the colonial period. Why can’t the cocoa producers (and coffee etc, etc) process their products in Africa and Latin America – and to hell with the European regulators? If Nestle and Hersheys and P&G want cocoa and coffee beans, they are only available at hugely inflated prices that reflect the cost if EU regulators. If you want to buy the already processed powder, well that is much cheaper.
Short term the EU regulators will win. Long term, the bean processing was starting to move to cheaper locations already. This will accelerate the process. It means jobs will leave the EU. Cracking the beans and separating the shells from the core is not a high value process, a lot is done by machine. Europe may not miss those low paying jobs, but Africa would love them.
After splitting, the roasting process takes a lot of energy, which now costs more in Europe than almost anywhere else. Why ship the beans to Europe, incur huge transportation and regulatory costs, to roast them using high priced energy? Obviously, the roasting process, which is higher skill / higher pay, will leave the EU. Properly roasting and blending the beans is 90%+ of the flavor.
This is another stupid environmental edict from a continent full of has-been losers. Its going to encourage companies to move food and cooking jobs out of Europe. Even more French and Italians will be unemployed. Africans and Latin Americans will have more jobs back home, and fewer opportunities if they migrate to Europe.
Its impossible to build a new crude oil refinery in Europe or the USA, so really stable high paying chemistry jobs (oil refining is chemistry) have shifted to developing countries, while higher energy costs have shifted to Europe.
Have to wonder how much more the sissies of Europe will put up with before they eventually snap and start goose stepping in front of EU headquarters. Everyone remember to act surprised when they finally do!!
Excellent post, Europe will and is leading the world in deindustrialization.
What I suspect happens is that chocolate that get shipped to the EU has to comply. Thus that chocolate will cost a LOT more.
But say in the USA, where they don’t care, any beans will do and the chocolate cost will be the same.
They won’t ship pure chocolate to EU. They will roast and blend the beans in the former colonies, where the beans are fresher anyway.
Once that happens (it was slowly starting even before this stupid economic central planning), why manufacture food products in the EU? Why not shift all of Nestle and Unilever and Mondelez production out of Europe?
There is a reason why Kraft foods (USA) is now part of Mondelez (Latin America).
The question is whether Nestle and Unilever will move their headquarters (and jobs and tax revenue) out of Europe, or will developing country food processors eliminate Nestle and Unilever?
For those in the USA, why buy beans (coffee, cocoa, etc) on the Chicago Mercantile Exchange, when the beans and the processors are all in some other country? CME existed where it did because everything went through Chicago grain elevators. If the foodstuffs are all going from non-US farms to non-US grain elevators to non-US food processing plants … who cares what the price is way over in Chicago?
Why?
Because that’s where the money is.
Forest Gump avoids boxes full of chocolate bc of a systemic change.
The systemic change might impair retail stores, car dealers, banks, home
builders and online bloggers. We cannot see it bc we are cooked by the Fed like frogs.
Mish, getting one’s GPS coordinates is as easy as going to GOOG MAPS. You Hover your City and click, “What’s Here” and the coordinates appear. I use this to navigate with my Smart phone in Europe in back-country locations, such as Farms in Monchique, Pt.
6.2146369264220045, -75.60439177509043
Those are Medellin, Colombia. ANY location can be mapped in this way.
With that said, WHAT A PAIN in the ARSE!
Yeah, I’m also shocked they only had 4 decimal places.
Then I realized that as a software guy, they were storing latitude/longitude as a float (32 bits) instead of a double (64 bits) and that means they only get 4 decimal places of accuracy. It’s Y2K all over again.
I wouldn’t expect this to occur to a WSJ / NYTimes / Bloomberg reporter… but I’m sure everyone in Africa is busy generating random numbers to add to the decimal places.
When an EU inspector shows up to check, they have to pay a commercial license fee in cash in dinars or yuan. Oh, you don’t have any yuan on you? Well Mr Inspector, you go to jail and think about it. Don’t like jail? then sign the f#cking EU form without leaving the airport and fly back to Europe.
We experienced EU overreach when they tried to regulate foreign airlines world wide. Suddenly every european carrier lost landing rights in Asia. Suddenly european planes were impounded for all sorts of new taxes that only applied to EU countries enforcing the EU taxes. Within a few months, the EU backed down. EU carbon taxes only apply to flights within Europe airspace. Dubai airport thanks you for the extra business as Paris and Frankfurt lose.
If European citizens really want 8-10 decimals, they will have to pay for it themselves. if EU regulators want it, they will get random numbers. Either way, the EU lacks jurisdiction on 95% of the planet (geographically speaking)
“Congratulations to silver bulls, copper bulls, gold bulls, S&P 500 bulls, Nasdaq bulls, Dow bulls, and US housing bulls?”
So does this mean Biden is a good president or not? What’s all the complaining about if the cash is flowing? Millennials are loading up with gold at costo, they might be able to finally afford rent.
Everyone’s on the money train…my work here is done.
No matter what u write the groupthink will vote : red, no !
I accumulated more no than u did. No on auto pilot.
Multiple fraud alias papascam, mposhit, etc sticht growing old.
When Trump was president, fraud artist continously posting worst president ever, worst president ever, worst president ever
Now Biden president, dont complain, dont complain, dont complain
Trump president 2025, worst president ever, worst president ever.
The problem with cash flowing is the ZH headline the other day, that it takes $178,000 a year for a family of 4 to live comfortably. John Williams covered costs in various places in this YTube vid. https://www.youtube.com/watch?v=GIA5M-giYfM
And what’s the appropriate amount for a family of 4 to live? We live in a system that debases the currency every single year, that’s the whole point on focusing on profits and growing your income. That is THE system we live in, I didn’t create it, I just work around it.
I can tell you 20 years from now at 3% inflation, it will cost $321,487. What is your plan to earn that amount because whining doesn’t count.
I know you are really into insurance these days. One of the technical analysis sites I belong to just sent this over the weekend. Seems they agree with you.
May 18, 2024: Trade-of-the-Week: Aflac Inc. (AFL)
Company profile: Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S. segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan.
Fundamentals:
Trailing P/E: 9.72
Forward P/E: 13.55
EPS: 9.09
Beta: 0.91
P/S: 2.68
P/B: 2.13
Profit margin: 27.67%
Operating margin: 40.78%
ROA: 3.03%
ROE: 24.70%
Qrtly earnings growth: 58.20%
Current ratio: 1.53
Additional fundamental data: https://url.us.m.mimecastprotect.com/s/UyAQCL9RvnswQB7AcmjW-v?domain=finance.yahoo.com
Technicals:
Recently broke out of a 5-month consolidation
New 52-week high
New all-time high
Above the rising 50-week m/a
Buying momentum (RSI) is positive and rising
Buying volume is neutral
1st support level is $86.25
Safety stop is at $82.00
The target is $100.75
Suggested buying approach: As AFL has broken out of a bullish consolidation, and is remaining in a prolonged upward trend with rising buying momentum, we suggest buying ALF at the current price level. Always use a 3% trailing stop.
https://www.technicalspeculator.com/database/images/sc(97).png
Some of my insurance stocks are up 54% since I bought them. …..$…..$
I know you are really into insurance these days. One of the technical analysis sites I belong to just sent this over the weekend. Seems they agree with you.
May 18, 2024: Trade-of-the-Week: Aflac Inc. (AFL)
Company profile: Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S. segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan.
Fundamentals:
Trailing P/E: 9.72
Forward P/E: 13.55
EPS: 9.09
Beta: 0.91
P/S: 2.68
P/B: 2.13
Profit margin: 27.67%
Operating margin: 40.78%
ROA: 3.03%
ROE: 24.70%
Qrtly earnings growth: 58.20%
Current ratio: 1.53
Technicals:
Recently broke out of a 5-month consolidation
New 52-week high
New all-time high
Above the rising 50-week m/a
Buying momentum (RSI) is positive and rising
Buying volume is neutral
1st support level is $86.25
Safety stop is at $82.00
The target is $100.75
Suggested buying approach: As AFL has broken out of a bullish consolidation, and is remaining in a prolonged upward trend with rising buying momentum, we suggest buying ALF at the current price level. Always use a 3% trailing stop.
Forrest Gump – “Life is like a box of chocolate” (youtube.com)
Each separate item must be inflated to the point of unsellability, then gradually backed off. This causes large surpluses that end up on the auction block and wind up in my little local market for mere pennies on the dollar.
Red Lobster RIP.
No more endless shrimp! 🙁
They didn’t account for the capacity of the 21st Century American Hambeast.
Since noone would ever top up the reported harvest from an expensive registered plot, with beans grown clandestinely off-database and stuff…..
“We” should mandate Cocaine producers do that as well. Then “we” would know exactly where all the drugs are grown….
This hyperegulations are the paradise of trickers. Soon certified farms will cover three times the size of Africa.
Or may be the crops will change from cocoa to cocaine.
If cocoa is included in the inflation/CPI/PPI formulas used by the criminal FED/BLS, expect it to be removed for some nebulous reason …….
Click your red shoe heels 👠 together 3 times and repeat after me
“There is no inflation. There is no inflation. There is no inflation…..”
Where is the Shamrocka guy??????
“…I fear we will need to eventually track everything…”
I agree, and “track everything” includes the citizens.
They already track all the citizens. We voluntarily carry the item too, just so we can always be ‘connected’ to the internet and available for a phone call.
You say you work in IT? So learn how to turn off GPS on your phone. Its takes three clicks. Cell tower location is plus or minus 150 meters, not very accurate at all
Learn how to use wifi connections for data, which are almost always faster then cell service. Again, should be trivial for an IT guy.
Learn how to flush your cache and cookies… again, shouldn’t be hard for an IT guy.
They track the lazy and the stupid
If you know that, then you also know that using WiFi means they also track your location by where the WiFi is located (ie the public IP address that the WiFi eventually sends and receives from unless that’s through a VPN tunnel from some linked corporate locations but that’s VERY rare).
Also turning GPS off doesn’t stop tracking since the cell towers do it.
https://www.mcafee.com/learn/can-my-phone-be-tracked-if-location-services-are-off/
I wrote >> “Cell tower location is plus or minus 150 meters, not very accurate at all”
+/-150m isn’t accurate? Might not be able to tap you on the shoulder, but a 1000′ radius isn’t exactly looking for a needle in a haystack.
If you are in an area with many cell towers, your location can be easily be determined within a few feet. Cell phone pings will give the distance of the phone from the tower and the side of the antenna that picked it up (normally a 3 sided antenna, so you get a distance and a third of a circle). With pings from one tower, you have a 120 degree arc a specified distance from the tower. With pings from multiple towers, you can overlay the arcs on a map and get a very accurate picture of where someone is, no GPS required.
As a search and rescue volunteer, I’ve seen this first hand. We got raw cell tower data of a subject’s phone. Even though the subject was in a remote, mountainous area with only marginal coverage from two distant cell towers, we were able to pinpoint within a few meters of where we needed to be. That was very fortunate, as the subject was three miles from his last known point, and we’d have never found him alive without that cell data.
You did not do that with two towers. Whatever the techies told you, they had to have at least three towers, ESPECIALLY in a mountainous area. Was EMS operating a signal scanner from at least one of their trucks (probably several)? Maybe they didn’t tell you, but they obviously were if you told the story accurately.
You are locating a signal in 3D space, you need three good signals to get +/- 100 meters. Three unknowns, you need three equations or it can’t be solved. The time stamp has limited accuracy, so to get it down to +/- 25 meters you need at least 4 signals if not five.
They used multiple signal trucks in addition to the cell towers.
How many lions and tigers and bears were carrying cell phones and muddying up the signal? Or were they trying to isolate one loan cell phone, one loan signal in a space with no others?
If you told the story accurately, there were no other signals. That allowed them to easily isolate the one signal they were looking for. In a busy city, you would have had very different results.
Anyway, what does this have to do with some fat lazy useless EU bureaucrat in Brussels ordering farmers in other countries to map out their farms?
Even if the farmers had military grade GPS, why would they care about a foreign decree? How would the idiots back in Brussels know if the 6 digit GPS coordinates were just made up? And most importantly, what exactly could Brussels do to enforce it? Send future hostages?
It is pretty hypocritical for the EU, where Europeans cut down most of their old growth forests, to lecture developing countries that “sorry, we cut ours down but we will punish you if you cut down yours”
Same thing as President of Guyana ripping BBC reporter for scolding on hydrocarbons now that they have found crude offshore that can raise the entire country out of poverty
You know there’s a lot to this greed thing and corporations raising prices and making less. I know things are costing more to make but here’s an example in my area:
$3.75 regular size candy bars at the gas stations
$2.50 at walmart
$1.29 for dark chocolate with almonds ones 2x the size and higher quality at Aldis. Oh and look…….there’s actually a lot of whole almonds in them not little bitty pieces.
Food could be a lot cheaper if corporations weren’t tripping over themselves to ring the wallstreet bell.
This crap is totally out of hand.
Producer prices might be high but they have figured out they can make less, charge more and make more. If supplies price drop I would bet you $ they won’t change.
I have 5 dogs. It’s now officially cheaper to dress kibble up with eggs and a bit of beef than bending over backwards to buy pedigree canned which is really poor quality. It’s just totally stupid right now.
We buy the $5 rotisserie chickens at Costco JUST to replace kibble and the canned turkey stuff as the rotisserie is actually cheaper and better for the dogs, even if those chickens are hopped up on steroids
We feed those to our cats. Pedigree has gone down in what little quality it had. Now im finding these big dark chunks that are slimy in it. I think it’s probably the skin but who knows. I’m on my last case i’m not buying anymore. I live in the country and my dogs often grab a piece of road kill etc so i’m not real concermed giving it to them but honestly I wouldn’t be surprised if the road kill was less a threat.
Shouldn’t dogs eat raw meat?
Comparing prices at a gas station to Walmart is like comparing apples and oranges. Gas stations often sell thier gas at cost or maybe a cent or two over cost. Some sell it a tiny bit below cost. So how do gas stations make money by selling gas at breakeven or a loss? By charging you an arm and a leg for a coffee, soda, candy bar, or a bag of chips.
Yes woodsie! Even high school kids understand this
Cite? Or is this just another example of internet lore?
Wishing for “low” prices is GREED too. Why you want so much stuff for Cheap?
Greed is NOT a problem. Interference with free people making free choices IS.
Seriously? Who the hell are you? Mr. Kraft? Get real dude that’s totally shoot yourself in the foot mentality. Greed isn’t a problem? Go get your brain checked.
Rising cocoa prices? Not in Phoenix.
https://pbs.twimg.com/media/GNfWG98XYAAMPj0?format=jpg&name=360×360
Next, the EU will require every entering illegal migrant to wear a chip identifying the exact geolocation of his origin.
It’s only half funny if you think it through, and highlight the mental retardation of these morons.
PS: How about requiring proof of sustainable family size of 2-3?
better yet how just not let them in. I’m so sick of politicians and bureaucrats ruining our lives!
Well, if we want to keep having an Amazon forest, that’s probably one of the ways to do it, I suppose.
Unseasonably warm weather, eh?
Weird.
Hyperinflation, one item at a time.