A bonfire of capital

As the rot of the economy’s capital structure accelerates, expect more, not less, of problems like these in manufacturing.

In the former Soviet Union, unfinished equipment rolling off the assembly line was the norm, not the exception. The negation of competent production management has now arrived in the west:

CNH estimates that supply chain constraints ranging from increases in freight to higher raw materials prices have cost the company $1 billion.

That lag has forced the company to turn some factory parking lots into storage lots. At CNH’s combine plant in Grand Island, Nebraska, hundreds of unfinished combines sit outside, waiting for parts.

19 Replies to “A bonfire of capital”

  1. Oh I suppose it’ll be time for a war to pick things up………….Democrat Nobel Peace Prize.

  2. Proof of the failure of capitalism. Obviously we need the government to step in and control the means of production.
    No matter what happens from this point on, you know the solution will be more government control. When that screws things up even more, the answer will be yet more government control and on and on it goes

    1. Sadly, you speak the truth, Pendejo. The more things fail, the greater the call for govts to fix them. When govts can no longer even pay for the bureaucrats and the uncivil service, the tide will turn and ppl will come to the realization that if they want their genes to remain in the pool, they will have to become self sufficient. At that point they will elect ppl who will protect them and other producers from the takers. Unfortunately, that is a long way off. We have much suffering to endure.

  3. If one (can’t imagine why) believes the Climate Nutters, there is no crop to harvest anyway. So why would anyone need a new combine?

    In fact, the scarcity of industrial machinery for agricultural endeavors will simply ease the transition back to actual 1 horse power hay burners for drive motors; and the Climate Nutters can celebrate the starvation of the West. A starvation mandated by absurd choice, and not by actual climatic necessity. Are the malevolent and supposedly rising seas lapping at the Obama’s oceanfront entrance door yet?

    ps. the Climate Industrial Complex congratulates you on your dramatic weight loss. Well done, Luddites. Well done.

    1. roadog, if the west starves the world starves and that includes the green freaks. North America feeds the world.

      1. Russia does NOT starve if the West starves. Russia is food and manufacturing self-sufficient. She will leave North America in the dust once the USD collapses, amd the US economy grinds to a halt. Russia mostly sells oil and gas to Europeans to keep them from freezing. They export not much beyond toys and artwork. They’ll take a bit of a hit, but Russia has done reasonably well in the past while being somewhat isolated. De-dollarising was a brilliant move by Putin. They will also default on their debts to the EU and US right quickly, lol … And since they aren’t dependent on foreign loans just to keep the lights on, they’ll be laughing hard when California descends into immigrant and homeless cannibalism …

  4. Welcome to the sovietization of North America, where nothing works very well, we wait for what we need, can’t get what we want, and we must show authorities our papers to be allowed to proceed.

    1. That’s NOT my country … and MY People … would never tolerate such a thing. Which makes me wonder whether we have allowed 50 years of multi-culti immigrants to remake the greatest nation in the world into a piss-poor, neo-Soviet, crap hole. MY People would fix this shit. Pronto.

  5. Heh, there was an old one span, two lane, maybe 3 lanes, iron bridge on 9th Avenue east. Maybe 100m tops.
    Don’t know how long it took to build in the earlier manual times.
    They demolished the poor thing some 3 years ago.
    They are building a new bridge, 4 lanes, over small Elbow river, going into the 3rd year.
    It is at a stand still, can’t get the parts.
    Thinking that the Brooklyn bridge was build faster.
    Heh, maybe not, though you know what I mean.

    1. And the CPR built a new railroad bridge right next door to keep the mainline open!
      The bottom line only matters to whom?

  6. L – The switch to a Marxist economy started with the adoption of Marxist Medicine.
    Which started with Marxist education, that taught valuing competence was discriminatory.

    Now that incompetence has, by invitation, infiltrated every Western institution.
    There is a choice. Either purge the incompetent or keep bailing, as you slip beneath the waves.

    What ? You don’t think you can win a war against the incompetent ? So dodos aren’t extinct?

  7. Welcome to the two-pronged spear of just-in-time manufacturing and an obscene tax code that lists inventory as a taxable asset meeting the brick wall of a vaccine mandate.

    Can’t get truckers to truck, can’t get workers to work because not vaxed/don’t want to get sick/government is paying them to stay home.

    Welcome to Southwest airlines virtually shutting down because their pilots won’t comply with the vax mandate. They all said “F- Joe Biden” at the same time and dared Southwest to fire them.

    And because nobody can keep inventory due to obscene taxes, and because just-in-time requires scheduled shipments of everything all the time working perfectly, including an awful lot of stuff arriving from overseas on time, that means you can’t get tires for your tractor at harvest. (Farmers can’t keep a parts inventory either, y’know. Taxes.)

    If I wanted to win a war with the USA, this is what I’d do.

    1. And that’s all BEFORE Elizabeth ‘squaw’ Warren imposes a “wealth tax” on every American. Communist redistribution (read: theft) of wealth is coming … and then? Your homes will be seized. Because you didn’t build that. You OWE “the village” a living.

    2. The US will descend into bloody civil chaos – you have a tryannical goverment and their jackbooted thugs basically standing on the throats of the very people whose work and taxes keep their food in their fridges, their lights on and their plumbing functional.

      The future is more likely to be found in Russia and Asia. Asia (as long as they solve their old people problem – i.e., lack of kids) and Russia, once they round up and execute all their foreign EU agitators.

      You know, Russia used to do a much better job of disappearing the EU quango types who were always interfering in her domestic affairs.

  8. The best, most immediate thing that CNH could do to sort their situation is stop buying components from China. Its just that simple.

  9. If it results in collapse and starvation for Feds, cops, and Government Employees, I’m all for it!

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