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Oh my gourd, I am financially ruined (agricultural futures)
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
Kripp can't beat anyone
twitchquotes:My dad beats me My mom beats me My brother beats me My sister beats me At least I feel safe with Kripp, because he can't beat anyone
My dad beats me FeelsBadMan My mom beats me FeelsBadMan My brother beats me FeelsBadMan My sister beats me FeelsBadMan At least I feel safe with Kripp, because he can't beat anyone FeelsGoodMan
MingLee SINGLEE MingLee AND MingLee READY MingLee TO MingLee MINGLEE MingLee
I am the BM in the lethal, the salt in the defeat
twitchquotes:The stream starts, and so my spam begins. It shall not end until i am banned. I shall fear no mod, sub to no streamer. I shall live and die in the Chat. For i am the value in the bomber. I am the BM in the lethal. I am the salt in the defeat. I pledge my keyboard to the Chat, for this stream and all the streams to come.
The stream starts, and so my spam begins. It shall not end until i am banned. I shall fear no mod, sub to no streamer. I shall live and die in the Chat. For i am the value in the bomber. I am the BM in the lethal. I am the salt in the defeat. I pledge my keyboard to the Chat, for this stream and all the streams to come.
LET'S BUILD A RAINBOW CHAT!
twitchquotes:LETS BUILD A RAINBOW CHAT! ████████████████