"It's a little terrifying to deal with cotton suppliers now," said Vicky Wu, a sales manager at Suzhou Unitedtex Enterprise Ltd., a closely held, Jiangsu province-based clothes maker that counts Gap and J.C. Penney among its clients.
Cotton futures in China have surged more than 70 percent this year and were at a record earlier as the global economy emerged from recession, allowing people to spend more on clothes. Production of the fiber in China, the world's biggest user and importer, is forecast to lag behind demand for a 12th year, cutting its stockpile to the smallest since 1995, according to the U.S. Department of Agriculture.
"American consumers better get used to rising prices on the shelves of Wal-Mart and other retailers," said Jessica Lo, Shanghai-based managing director at China Market Research Group. "China's manufacturers are getting squeezed not only by rising cotton costs but also soaring real estate and labor costs."
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Oh gee....I wonder why cotton futures are going through the roof? The New World Oligarchy needs to speculate. Commodities and precious metals appear to be enticing. Screw the poor.
ReplyDeleteThere's no where for all that concentrated, idle wealth to go. Might as well drive the price of basic food stuffs and clothing up to the point where it's out of reach of 90% of the world's inhabitants.
This is not too surprising to me. Whether you are male or female doesn't matter, I know you'll grasp the significance of what I say next. In just the past couple months we have been reduced to having only 1 store that now carries bolts of fabric, patterns, thread and various other sewing notions. 1 now in about 25 miles in any direction you go!!! There has been for years a decline in home sewing of clothing and even basic mending. People will glue, tape and staple things together till ready to throw away. Our local "super center" after a huge renovation, now carries pre-cut material for decorative quilting....that's all!! Still have yarn there...but for how long? So at least in this area, we have lost yet another ability to be more self sufficient. It may not seem like a big deal at the moment, but consider the implications in the future. What will be next? If or when you need these kinds of items, where will you get them? This is a large, highly populated area, 10's of 1,000's of folks. Not a tiny town far from large cities. Do you recall hearing grandparents or neighbors say "Use it up, wear it out, make do, or do without"??? Many must already practice this philosophy, many more will in the future, I'm afraid. Please be careful. Think of all the things you do, use, consume on a consistant basis, what if you could not buy them or similar items, what if you couldn't afford them even if they were available? There have been many helpful ideas on this site. But it's not enough to get some extra's...give some thought as to how you could make them go the farthest, or how you would use them if you didn't have power. If you have experienced time from storms or break downs of equipment when you had no light, refrigeration, heating/cooling/cooking source, etc., that will help you plan. Best wishes!
ReplyDeleteCotton is only one of many materials used to make clothing. Nobody will have to go naked.
ReplyDeleteCan anybody show me a link on the Bank of Canada website where it confirms the 140 billion dollar gold reserve? I checked it last year and Canada had slightly more gold than Aruba. In fact on the balance sheets of the bank the biggest assets were: US dollar and Japanese Yen (two the most troubled currencies). The article here confirms it: http://www.ratical.org/ratville/CAH/linkscopy/Cshift2euro.html and it cross references with this info: http://en.wikipedia.org/wiki/Official_gold_reserves
ReplyDeleteWhat do you think, people? Is this an organized “theft” that lead to a “revelation”, which is a pile of BS, nothing more? Can anyone prove me wrong so that I could sleep well at night?
yeah rolls of fabric in todays now/immediate mindset goes the way of the dinosaur, takes to much time and effort to sew, is interesting though. i suppose people may save scraps of fabric if it continues the way it's going, patches on jeans and such as in the 60's and 70's. 70's and oil embargo...iran is set to head OPEC jan 1...almajenadaub(however the heads name is spelt) seems to believe we're in the last times, end of day's..people act according to beliefs so wonder what he'll get up to.
ReplyDeleteCotton is only one of many materials used to make clothing. Nobody will have to go naked.
ReplyDeleteTell that to the TSA.
Cotton is only one of many materials used to make clothing. Nobody will have to go naked.
ReplyDeleteTrue, that. If Fig Leaves were good enough for the first man and woman, they're good enough for me. Al Qaeda is developing explosive Fig Leaves as we speak, so maybe naked is the way to go, afterall. A whole new take on traveling light.
"Cotton is only one of many materials used to make clothing. Nobody will have to go naked."
ReplyDeleteIt's not about material, it's about limiting and/or loss of access to basic items. Basic items allow people to be more self sufficient. It allows you to be less 'controlled' and less dependent.
Cotton futures in China have surged more than 70 percent this year and were at a record earlier as the global economy emerged from recession, allowing people to spend more on clothes.
ReplyDeleteTYPICAL LYING PROPAGANDA! THE DOLLAR IS COLLLAPSING AND INVESTORS ARE BUYING COMMODITIES.
Well, maybe if it's soo damn expensive in dear ole China;
ReplyDeleteSomebody ! in the southern good ole USA can plant some damn cotton and make a profit ?
Nah ! What the hell am I thinking !
That would be way too logical
You are all slaves of Soros.
ReplyDelete