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    unknownk is offline Metal Recycling Entrepreneur
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    I think I read grocery store profits are like 1%. So nobody is going to open a new one unless they are the only one in town (and can jack prices up).



    During boom times everybody in the food chain takes a cut , once things level off then the top squeezes the middle who then squeezes the bottom. You will find regulations for scrapping are being done so the top end can weed out the middle/casual guys and keep their cut. Heck someday the local cities will make laws so that all scrap metals MUST be turned in to get recycled at the local city scrap shop so they can keep the profits, would stop those idiots who take manhole covers and utility lines from making a buck atleast.

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    Quote Originally Posted by unknownk View Post
    I think I read grocery store profits are like 1%. So nobody is going to open a new one unless they are the only one in town (and can jack prices up).

    During boom times everybody in the food chain takes a cut , once things level off then the top squeezes the middle who then squeezes the bottom. You will find regulations for scrapping are being done so the top end can weed out the middle/casual guys and keep their cut. Heck someday the local cities will make laws so that all scrap metals MUST be turned in to get recycled at the local city scrap shop so they can keep the profits, would stop those idiots who take manhole covers and utility lines from making a buck atleast.
    It's almost like we are going through a period of time where everything is being concentrated in the hands of a few. Like medieval Britain, where land was concentrated in ever fewer hands until you had wealthy lords who owned the lands, and poor peasants who worked it. The difference in the US is that it's corporations that are concentrating the smaller businesses into larger businesses, and making us all employees. It's only when the average American owns the majority of businesses in the form of small businesses, that we concentrate power with the common people. I really believe this.

    Scott
    At the heart of science is an essential balance between two seemingly contradictory attitudes--an openness to new ideas, no matter how bizarre or counterintuitive they may be, and the most ruthless skeptical scrutiny of all ideas, old and new. This is how deep truths are winnowed from deep nonsense. -- Carl Sagan

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    unknownk is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by NobleMetalWorks View Post
    It's almost like we are going through a period of time where everything is being concentrated in the hands of a few. Like medieval Britain, where land was concentrated in ever fewer hands until you had wealthy lords who owned the lands, and poor peasants who worked it. The difference in the US is that it's corporations that are concentrating the smaller businesses into larger businesses, and making us all employees. It's only when the average American owns the majority of businesses in the form of small businesses, that we concentrate power with the common people. I really believe this.

    Scott
    Actually the old aristrocracy still owns quite a bit of the UK, it just gets passed down generation to generation.

    A third of Britain STILL belongs to the aristocracy | Mail Online

    I disagree about corperations making us all employees, they are making us all unemployed. Back when there were 100 computer companies quite abit of a computer was designed, built, tested, manufactured here in the US. Each of those companies had R&D, manufacturing, sales, accounting, mailroom, etc people working for it. Now there are a couple computer companies and most of the manufacturing is overseas. Every industry is like that. Consolidation made redundant millions of jobs of all kinds even before robots came around. Efficiancy is what moved us from being 99% farmers to what we will end up as which is 99% uneeded and redundant.

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