What The Rubber ‘Apocalypse’ Means For The U.S. Economy

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  • čas přidán 10. 06. 2024
  • The global economy now faces a rubber shortage because of multiple supply chain disruptions. "We could be on the cusp of a rubber apocalypse," Ohio State University professor Katrina Cornish told CNBC. Rubber producers are working against all odds: climate change, disease and the fight for shipping containers. The global rubber market was valued at nearly $40 billion in 2020, but one analysis predicts the natural rubber market could be worth nearly $68.5 billion by 2026.
    Rubber is a critical raw material needed for car tires, personal protective equipment such as masks and gloves, and many more everyday products. Anytime you’re going anywhere, you’re using rubber. Now, supply chain disruptions have thrown the rubber industry into a tailspin.
    “We could be on the cusp of a rubber apocalypse,” Ohio State University professor Katrina Cornish told CNBC.
    Rubber producers are facing climate change, the Covid-19 pandemic, a destructive fungus and the fight for shipping containers.
    The global economy remains dependent on Asia for 90% of the natural rubber supply. For example, the U.S. imported $140 million worth of natural rubber in March 2021 alone, according to Census data.
    The global natural rubber market was valued at nearly $40 billion in 2020, and demand for rubber is expected to increase. One analysis predicts the natural rubber market could be worth nearly $68.5 billion by 2026. One reason for the increased demand? Car tires.
    “We are using tires more and more,” Stefano Savi, director of the Global Platform for Sustainable Natural Rubber, told CNBC. “The amount of mileage that we’re going to do as a global population is definitely bound to increase, and that’s why the demand for rubber is really continuing to increase.”
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    What The Rubber ‘Apocalypse’ Means For The U.S. Economy
    #CNBC

Komentáře • 4,8K

  • @MrArthoz
    @MrArthoz Před 2 lety +1258

    I'm from Malaysia, a country in Southeast Asia who is also a major producer of rubber. Let me explain why the rubber is in danger. Rubber trees are no longer just clones but they are also genetically engineered to grow fast and produce latex soon. Usually within 4 years. These new generation trees are smaller and weaker and prone to falling down during storms. I had experienced it several time and dare not drive out from my orchard during rainstorm out of fear for broken branch and trees.
    Many decades ago, rubber trees takes a long time to grow and they grow huge. Nearly 8 to 10 years of growth before you can start tapping them. They produces a lot of latex per tapping each day. People don't use the small bowl you see today. They nailed a small tank on the trees. The trees are huge, resistant to disease and weather. A single tree produces far more than several trees today. That is what we get from greed. Short term profit but long term loss.

    • @vaccinefraud5570
      @vaccinefraud5570 Před 2 lety +86

      Thanks for telling the truth! No one does that these days.

    • @mrvattoli1858
      @mrvattoli1858 Před 2 lety +34

      The rubber plants creates lots environment problems as well. Deforestation and extinction of wild animals and plants creates lots of heat.

    • @rayrussell6258
      @rayrussell6258 Před 2 lety +13

      good info to know, thank you;
      we need some policy decisions in the US Federal government here --- to negotiate trade deals that force the rubber-supplying countries to use better tree-planting methods.

    • @jew_world_order
      @jew_world_order Před 2 lety +41

      Thank Monsanto for that

    • @AntonioFerreira-mx1er
      @AntonioFerreira-mx1er Před 2 lety +10

      Thanks for clearing the usual US apocalipse mantra...for the everithing is near the end, except for greed, yaths , luxury cars, private jets and ,of course, money

  • @Me97202
    @Me97202 Před 2 lety +505

    The media loves words like “apocalypse.”
    It gets them eyeballs.

    • @sharischoll9411
      @sharischoll9411 Před 2 lety +13

      The best way to control people is starvation and FEAR.

    • @scorpionsdogG64
      @scorpionsdogG64 Před 2 lety +2

      So not causing more useless/toxic waste Isn't the goal?

    • @myguitardidyermom212
      @myguitardidyermom212 Před 2 lety +6

      It's almost like they receive revenue proportional to the number of views they receive.

    • @impitt28
      @impitt28 Před 2 lety +1

      It got all of your eyeballs

    • @tndeere
      @tndeere Před 2 lety +3

      I work at a major tire plant and we have no shortage of rubber.We produce 10,000 truck and bus tires per day

  • @tajabdullah.malaysia
    @tajabdullah.malaysia Před 2 lety +287

    my father was rubber tapper; rubber is dirt cheap locally and hard for the locals to make good living.
    The big companies are making tons of money buying rubber cheaply.
    Not a fair world.

    • @AJAYSWAN
      @AJAYSWAN Před 2 lety +2

      exactly

    • @zacharygirgenti3790
      @zacharygirgenti3790 Před 2 lety +26

      Thanks for the perspective. This is the reason why the continent of Africa has the richest resources but somehow their are large populations in severe conditions of poverty. It's a system built on screwing over these workers and regulating the price of their raw materials.

    • @zacharygirgenti3790
      @zacharygirgenti3790 Před 2 lety +10

      @publicenemy421 There are expensive trade tariffs placed on manufactured goods coming from Africa so the producers are put under economic pressure to sell their raw materials to distributors who intend to manufacture these raw materials into more valuable products. This is how the Cotton market functions there and it's not ethical or beneficial to the ones who are doing the hard labor.
      It would be great if they could produce those goods but imperialist regulation prevents them from gaining their independence.

    • @tyn6211
      @tyn6211 Před 2 lety +6

      Rubber Tappers need to collectivize!

    • @markmcdowell71
      @markmcdowell71 Před 2 lety

      @@zacharygirgenti3790while they are working see race stealing

  • @johnhepbean4346
    @johnhepbean4346 Před 2 lety +571

    Translation = Yes we are going to raise the price on everything including rubber. You will own nothing and be happy.

    • @benaquilina6640
      @benaquilina6640 Před 2 lety +30

      Yes you’ll be replaced in your own country, and it’s a good thing.

    • @joshaklese4969
      @joshaklese4969 Před 2 lety +4

      There it is. John Hepbean you have just won a literal rubberband.

    • @reaj2010
      @reaj2010 Před 2 lety +22

      Exactly you never even own your home or land. You owe the government at every point! Bring back trump that's a good start

    • @dzizzle8545
      @dzizzle8545 Před 2 lety +11

      I wish we had a better president.

    • @VincentGonzalezVeg
      @VincentGonzalezVeg Před 2 lety +5

      EMP

  • @EcoHouseThailand
    @EcoHouseThailand Před 2 lety +1272

    I live in Thailand and the farmers here are not making much money from rubber, most prefer to grow rice, because even if you can't sell it, at least you can eat it.

    • @aziris7257
      @aziris7257 Před 2 lety +167

      Yeah, I live in Malaysia and my late grandfather ran a rubber plantation. He said it wasn't profitable at all and thought about converting all the rubber trees into palm oil trees because palm oil is always profitable. I don't understand America. Price and demand of rubber has been falling for years, how much lower do they want the price to fall that they won't even buy the rubber at its current price. There is no shortage, there is still plenty of rubber in SEA though it's getting lesser because nobody's buying them and farmers switched to crops that can actually sell.

    • @leileiwin8569
      @leileiwin8569 Před 2 lety +12

      In Myanmar though, they are catching a decent price......at least that's what the 'news' said

    • @Hans.Dewitt
      @Hans.Dewitt Před 2 lety +61

      @@aziris7257 america doesn't dictate the price of natural rubber. rubber is a commodity same like coal, oil, aluminum, etc and the prices for commodities are almost 100% driven by market supply and demand. for many years the supply of rubber has been higher than demand, resulting in decreasing prices

    • @EcoHouseThailand
      @EcoHouseThailand Před 2 lety +44

      Farmers in Thailand get paid less than $2 per kg for sheet rubber (after some processing) which results in a income of about $10 per day and no income at all in the first 7 years after planting new trees.

    • @weimingw3056
      @weimingw3056 Před 2 lety +2

      Exactly and if you see who is the major consumer of rubber

  • @RollaArtis
    @RollaArtis Před 2 lety +1821

    Don't worry - I'm sure that rubber will bounce back sometime.

  • @MalhaIIa
    @MalhaIIa Před 2 lety +352

    Well then. Time to finally actually recycle the mountains of used tires we have.

    • @rageagainstthemachine7434
      @rageagainstthemachine7434 Před 2 lety +19

      WHAT IF THEY RECYCL E CONDOMS ?😱😱😳😳

    • @DrumToTheBassWoop
      @DrumToTheBassWoop Před 2 lety +11

      @@chuckscott4661 reusable condoms. 😂

    • @NoMoYOUsernames
      @NoMoYOUsernames Před 2 lety +37

      @@DrumToTheBassWoop Wait...condoms aren't reusable...?

    • @AS-we9xi
      @AS-we9xi Před 2 lety +22

      Can't be done. It's like turning ash back into wood without growing a tree.

    • @Idmastin1996
      @Idmastin1996 Před 2 lety +23

      Once rubber is cured it can't really be used to make things out of rubber again. And tires arent just rubber, metal wire and cloth materials in the ply.

  • @theDudeOfDudes
    @theDudeOfDudes Před 2 lety +325

    "Aren't you gonna put a condom on?"
    "Girl, haven't you heard we're in a RUBBER APOCALYPSE?"

  • @ProtoMario
    @ProtoMario Před 2 lety +1967

    My God, everything is an apocalypse these days.

    • @Aus10c
      @Aus10c Před 2 lety +34

      Everything is an apocalypse for a baby

    • @normanberg9940
      @normanberg9940 Před 2 lety +99

      Yes, and everything is either racist, sexist, abelist or a result of global warming(I refuse to use the term climate change simply because they already lost the argument). Now if only we could find some way of blaming this on Trump we would be able to tick all the boxes in the progressive list. What a bunch of navel gazing idiots we are breeding.

    • @bruceallen6492
      @bruceallen6492 Před 2 lety +10

      @@normanberg9940 Well said! BRAVOLINGUS!!!

    • @Zilla705
      @Zilla705 Před 2 lety +22

      And its all intentional

    • @deadwingdomain
      @deadwingdomain Před 2 lety +28

      The media is sensational only. It's a show for ratings. It's the pure lack of Journalistic integrity that America is famous for.

  • @ave_mrt_ioux3100
    @ave_mrt_ioux3100 Před 2 lety +229

    There's about to be a cheeseburger apocalypse at my house right now.

    • @175IQLOSERS
      @175IQLOSERS Před 2 lety +9

      Everything is an apocalypse when it comes to the left wing radical media...!! I know for FACT we are not running out of rubber unless we ship it off to china which the left would love us to do.... My buddy brings in 4 double 80,000lb trucks 5 times a day (20 loads a day) to a facility that recycles it and sells it back out to the tire manufactures here in the USA... 1.6 million pounds a day....That is just one facility..!!! Its only an apocalypse if you buy into the left wing radicals daily lies..!!

    • @libertyprime1202
      @libertyprime1202 Před 2 lety +7

      @@175IQLOSERS They’re just trying to draw our attention away from our real problems.

    • @Honestandtruth
      @Honestandtruth Před 2 lety +4

      Call me in....😂😋🤣
      For a juicy Burger 🍔

    • @thesorrow4664
      @thesorrow4664 Před 2 lety

      😆

    • @user-cb1kl2qs2v
      @user-cb1kl2qs2v Před 2 lety +1

      I just had a great borgar

  • @FLORIDAHOODVLOGS
    @FLORIDAHOODVLOGS Před 2 lety +84

    I thought most rubber was synthetic these days

    • @maggiemae7539
      @maggiemae7539 Před 2 lety +12

      It is!

    • @fitrianhidayat
      @fitrianhidayat Před 2 lety +6

      I came here to say that

    • @nodrogdivad
      @nodrogdivad Před 2 lety +10

      roughly half, I'd say. But it's always mixed in WITH natural rubber.

    • @mickmamahawkmickmamahawk5829
      @mickmamahawkmickmamahawk5829 Před 2 lety

      Nope. Research.

    • @mickmamahawkmickmamahawk5829
      @mickmamahawkmickmamahawk5829 Před 2 lety +3

      Only a small portion is made synthetically because it needs oil. We are running out of oil hence the reason so many pipelines were shutdown.
      The trees needed to make rubber are vanishing due to overuse, climate change and disease. We will run out of rubber just like we are running out of oil and gas. Hence the reason for biofuels, solar and wind.

  • @JeffreyBoser
    @JeffreyBoser Před 2 lety +20

    An important addition: natural rubber can only be stored for 2-5 years, it breaks down over time even with careful storage conditions. So it is hard to stockpile in its natural form.

    • @SpencerGD
      @SpencerGD Před 2 lety

      That actually is useful info, because my first thought was, "wow, they really need futures and a strategic reserve to release when demand is high, instead of just planting loads of new trees." Still, this could benefit from futures contracts & scientists should really look into ways to preserve rubber for longer durations in a cost-effective way, so it can go into a strategic reserve.

    • @JeffreyBoser
      @JeffreyBoser Před 2 lety +1

      @@SpencerGD There is an interesting video about the physicist Feynman talking about rubber bands that sheds light on part of the problem. Rubber isn't passive, it is always active, and those active parts erode over time. Check it out: czcams.com/video/XRxAn2DRzgI/video.html

  • @temgmcks00
    @temgmcks00 Před 2 lety +184

    “There are synthetic rubbers, but sometimes it can’t be swapped out for the real thing because of natural rubber’s particular properties. Take airplane tires as an example; gotta be 100% natural rubber. And most natural rubber doesn’t come from the U.S.; not even North America.”
    Great example there…that really helped me understand natural rubber’s properties and why you can’t just substitute synthetic rubber.

    • @rayrussell6258
      @rayrussell6258 Před 2 lety +36

      NBC is good at not grasping a full understanding of facts and then spreading fake news; don't learn the wrong thing from that source; planes did not have all-natural tires in WW2, we couldn't get natural rubber during the war; maybe we need to downsize the huge airplanes used today if they are too heavy for synthetic rubber tires - but it is NOT true that all planes REQUIRE natural rubber tires, you CAN substitute synthetic tires for natural rubber ones .... we did it when it was a National priority, it can be done again now.

    • @temgmcks00
      @temgmcks00 Před 2 lety +26

      @@rayrussell6258 My favorite part was how they talked about instead of relying solely on rubber trees research is being done into a fascinating new source of latex…plants!

    • @gilblax8764
      @gilblax8764 Před 2 lety +1

      @@rayrussell6258 nice. They need to hire you. You know how to solve the problem.

    • @jakestarr4718
      @jakestarr4718 Před 2 lety +3

      @@temgmcks00 yes its obviously a monsanto advert

    • @robertvondarth1730
      @robertvondarth1730 Před 2 lety +11

      We just need Bill Nye the science guy to come on and tell us - A lack of natural rubber is causing a shortage of condoms, a shortage of condoms is causing an increase in unwanted pregnancies, and increase in these pregnancies is causing more abortions to occur, thereby appealing to the conservative mind for global warming purposes.

  • @chrisandrews414
    @chrisandrews414 Před 2 lety +368

    The new scare is _____ SHORTAGES!
    tune in next week to find out what house hold item will suddenly skyrocket 500% in value!

    • @carlosandleon
      @carlosandleon Před 2 lety +20

      The inflation is already here, have you seen prices lately?

    • @keithblain8763
      @keithblain8763 Před 2 lety +5

      Fed Chair Powell: Inflation is transitory.

    • @dannydanielson3707
      @dannydanielson3707 Před 2 lety +4

      Audits here audits there audits audits everywhere exposing the real insurrection against humanity and United States of America which is the Fraud Election Planndemic used to muzzle truth and destroy grandma and grandpa murdered by Planndemic! Media REPENT mercy is better than destroying yourselves for a Lie! Liars media is $hungry media sellouts! Same up people!

    • @pfzht
      @pfzht Před 2 lety +6

      @@24revealer manufacturing artificial bottlenecks in the economy is the Democrats' favorite hobby, while their bread and butter is full on treason.

    • @Koushi82
      @Koushi82 Před 2 lety +1

      @@carlosandleon don't worry paper gold silver prices suppressed there no inflation.

  • @PhilipMurray251
    @PhilipMurray251 Před 2 lety +107

    if your investing experience is less than 10 years start with 5-6 portfolio. don't bet big on any single company, learn the process first.. initially diversification is not that bad, it really worked for me in initial years. remember that protection of capital is a must

    • @markcurry5337
      @markcurry5337 Před 2 lety +5

      market crashes are an opportune time to protect capital in the sense that one can gain years of growth from the bottom of a crash in a matter of months. this last crash provided over a decade of growth in majority of stock. Always be ready to jump at these opportunities.

    • @Alejandracamacho357
      @Alejandracamacho357 Před 2 lety +1

      @@markcurry5337 my goal last year was to buy a home and I had 5months to make this happen, I had an investment manager guiding me at this time and I happened to achieved my goal within 3months, currently sitting and commenting this from my $425K contemporary home.

    • @instinctively_awesome8283
      @instinctively_awesome8283 Před 2 lety +1

      @@Alejandracamacho357 this investment manager that guides you, could you share this person's details, any other recommendations is fine with me as well.

    • @Alejandracamacho357
      @Alejandracamacho357 Před 2 lety +1

      @@instinctively_awesome8283 My investment manager is FRANCES CLAIRE RYAN I first read about her on a blog, so I searched her name on the web and luckily I saw her, so just check her name on the internet.

    • @t1e6x12
      @t1e6x12 Před 2 lety +2

      Beep bop I am a bot. I completely agree with these real people talking about finances.

  • @tonofgx531
    @tonofgx531 Před 2 lety +57

    Media: There is a rubber shortage
    Tire Company: There isn't
    Media: rUBbEr aPocALypSe

    • @Chasing_Thoughts
      @Chasing_Thoughts Před 2 lety

      Many true

    • @lemmontree1
      @lemmontree1 Před 2 lety

      Seriously!

    • @sarahs5340
      @sarahs5340 Před 2 lety

      Lol omg so true

    • @fabriciogoulart4564
      @fabriciogoulart4564 Před 2 lety

      You're not wrong, but tell us which CEO will tell the media their company won't produce the goods they're supposed to due shortage? Won't the company value plummet after that?

  • @friedpuddycatgamer4682
    @friedpuddycatgamer4682 Před 2 lety +254

    I feel so guilty flicking that rubber band and losing it.

  • @jimhofer3802
    @jimhofer3802 Před 2 lety +251

    Someone wake me when the four horsemen get here…

    • @curtisjeffries9630
      @curtisjeffries9630 Před 2 lety +9

      Here. Wake up. Mr. West!

    • @dpeasehead
      @dpeasehead Před 2 lety +9

      @Jim Hofer: The only thing delaying them is that Pestilence can't seem to stay in the saddle for very long..sickly bugger keeps falling off his horse..

    • @spearce133
      @spearce133 Před 2 lety +22

      Biden, Harris, Pelosi, and Schumer are already here.

    • @BEASTMASTERZ_TV
      @BEASTMASTERZ_TV Před 2 lety +2

      Which one would you like to be woke for ?

    • @backseatpolitician
      @backseatpolitician Před 2 lety +8

      They said they're not coming until everyone gets the vaccine.

  • @ninjapyjamas7400
    @ninjapyjamas7400 Před 2 lety +18

    It's sobering to realise just how fragile the systems we rely on are.

    • @lardlover3730
      @lardlover3730 Před 2 lety +1

      Indeed

    • @Megatonaxe
      @Megatonaxe Před 2 lety +2

      That's Capitalism for you, always one day away from collapse.

  • @RedDogForge
    @RedDogForge Před 2 lety +58

    the majority of modern rubber isnt natural rubber, this is pandering to fear.

  • @gerritmcneilage740
    @gerritmcneilage740 Před 2 lety +635

    “Babe, I would use protection but I don’t want to contribute to the rubber apocalypse” 😬🤷‍♀️

    • @r.1599
      @r.1599 Před 2 lety +41

      "Sweetie, here's a Polyisoprene/Polyurethane/Polyethylene condom"

    • @FighterFlash
      @FighterFlash Před 2 lety +25

      It’s better for the environment he said…

    • @jameshefley6841
      @jameshefley6841 Před 2 lety +9

      Just use silicon rubberized caulking,,it’s permanent and will not leak,,guaranteed

    • @jeff6899
      @jeff6899 Před 2 lety +22

      "But Honey---by contributing directly to Population Growth😁, You are Furthering the future demands for rubber !😉😁"

    • @Dfgbuiiyyyybb
      @Dfgbuiiyyyybb Před 2 lety +17

      Google child support 💰💰💰.
      Most expensive bad decision you’ll ever make.

  • @BryanTorok
    @BryanTorok Před 2 lety +292

    This whole discussion neatly avoids mentioning that most "rubber" products aren't made from natural rubber at all. In fact, car tires contain little or no natural rubber. Most "rubber" is made from oil, polymers from the chemical industry.

    • @zazaza5535
      @zazaza5535 Před 2 lety +41

      Most car tyre formulation is made up of up to 50% natural rubber. The outer part is often made of nylon and other polymers such as styrene-butadiene rubber. The inner part is often made up of natural rubber, as it withstands heat build-up better. Air plane tyres are mainly made up of natural rubber as it stands heat build up better than synthetic rubber. Condoms are made of natural rubber to give the 'natural' feel that synthetic rubber could not.

    • @beowulf555
      @beowulf555 Před 2 lety +10

      @Al Borland It’s not green still cause these synthetic rubbers break down to micro particles that end up in soil, water and finally in our mouths. Might as well lick your tire.

    • @haroldhenderson2824
      @haroldhenderson2824 Před 2 lety +7

      The same petroleum industry that the Democrats and their "Green" allies want to bankrupt?
      Isoprene is the chemically pure, synthetic version of "natural" rubber latex.

    • @ArtStone
      @ArtStone Před 2 lety +20

      Delta variant! Run for your lives! Severe Thunderstorm! Hurricane! Assault weapons! Terrorists! Oh, hold on. We are the ones creating terror

    • @douiejordan7990
      @douiejordan7990 Před 2 lety +8

      Tires made here i know are made of Ameripol, copolymer and copolymer polymer materials. Diffrent mixtures are put together for diffrent a style or use of tires. Called butyl or now called HSR )High Strength Rubber) automotive tires don't use "Natural Rubber". A lo TV of rubber products used on cars now use butadiene or butyl oil based synthetic rubber

  • @andstewart9982
    @andstewart9982 Před 2 lety +124

    Having more than one source of income is the best way to secure your future.

  • @michaelkellymichaelkelly
    @michaelkellymichaelkelly Před 2 lety +10

    I wish you would have discussed the middle man in the production countries not paying fair prices which has caused many farmers to switch crops or lower production.

  • @gumbilicious1
    @gumbilicious1 Před 2 lety +46

    I wonder what we will call it when the world actually does comes to an end, because I think “apocalypse” has lost all meaning

  • @squirreloffury9440
    @squirreloffury9440 Před 2 lety +382

    I’m taking a pass on worrying about this one. Tank’s full.

    • @oliversmith9200
      @oliversmith9200 Před 2 lety

      Like, maybe I'll buy some silicone spray and do my rubber parts. Was toying with that idea anyway.

    • @dukecraig2402
      @dukecraig2402 Před 2 lety +11

      @@garlinusgervix7867
      Yep, I was laughing my ass off when I clicked on this knowing that majority of rubber is made from petroleum.
      What a bunch of crap, everything with the media is always Doom Doom Doom!!!
      This story is so full of crap it's pathetic.

    • @nonameguy7857
      @nonameguy7857 Před 2 lety +2

      CAuse you’re rich but don’t “worry”

    • @_Circus_Clapped_
      @_Circus_Clapped_ Před 2 lety +6

      @@garlinusgervix7867
      they are also hiding the real solution to climate change which is easy, just re open the nuclear power plants...

    • @legalizerapingrussianbroad8299
      @legalizerapingrussianbroad8299 Před 2 lety

      I need a bunch of rubber for the poor Girl Scout girls in Russia.. they need help and I am down!

  • @Diggyace14
    @Diggyace14 Před 2 lety +11

    Haha yes I remember that awful shortage of garden gnomes ... still not sure how we survived!

    • @3dChris
      @3dChris Před 2 lety +1

      The gnome apocalypse of 2020 was hell.

    • @two-sense
      @two-sense Před 2 lety

      I'm still trying to get rid of 11,000 medium sized concrete gnomes which I hoarded back then.

  • @infiniteuniverse9528
    @infiniteuniverse9528 Před 2 lety +43

    "Sorry baby, I'd love to strap-up, but there's a Rubber shortage. So we all gotta cut back and pitch in where we can. That means we gotta go Raw-Dog for a while."

    • @mal2ksc
      @mal2ksc Před 2 lety +5

      ...and now you're having puppies. 🤣

    • @mattbanks3517
      @mattbanks3517 Před 2 lety +1

      Just use polyethylene.

    • @WIZ850
      @WIZ850 Před 2 lety +1

      Sheep skin

    • @dustinbone4942
      @dustinbone4942 Před 2 lety +1

      I've heard of a guy using freakin plastic wrap before lol like what the hell is that gonna do for anything!!

    • @mal2ksc
      @mal2ksc Před 2 lety +2

      @@mattbanks3517 A squid eating dough in a polyethylene bag is fast and bulbous, got me?

  • @Akshayysk
    @Akshayysk Před 2 lety +190

    manufactures: we have enough rubber
    also manufactures: Increase tyre prices due to shortage of natural rubber

    • @wisho-ro4305
      @wisho-ro4305 Před 2 lety +2

      Ain't that a b/tch huh

    • @sunnohh
      @sunnohh Před 2 lety +6

      Best part is 99.99999% of rubber is synthetic, derived from oil.

    • @Hans.Dewitt
      @Hans.Dewitt Před 2 lety +1

      @@sunnohh don't talk if you haven't got a clue....

    • @jamiehayes4820
      @jamiehayes4820 Před 2 lety +3

      Some rubber is synthetic . 85% of a tire is natural rubbers and oil. The synthetic rubber is made at oil refinery s.if oil prices rise so does rubber prices.

    • @vento765
      @vento765 Před 2 lety +8

      rubber supply actually record high in last few years. the price was very low so farmed forced to transform their farms to palm oil. I think there's some market manipulation going on. but this is the problem. after a few years rubbers will be rare since there's less farmers.

  • @MacoyCafe
    @MacoyCafe Před 2 lety +50

    Many years ago I was at a full-service auto repair facility. I asked the owner what he would do for profit when electric cars took over and there was no more work and maintenance on vehicles. He told me it wouldn't really matter because they make all their money on tires anyways.

    • @keithdaniels5918
      @keithdaniels5918 Před 2 lety +6

      I don’t see how electric cars can take over. When you have 10’s of thousands of people evacuating an area due to a hurricane and a electric car only has so much range and recharge stations for thousands of cars would require many acres of property and hours of recharge time. That’s just one cluster f#&& among several that comes to mind that make them less than practical in some circumstances.

    • @MacoyCafe
      @MacoyCafe Před 2 lety +2

      @@keithdaniels5918 Battery technology is always improving so eventually you'll be able to go thousands of miles on a charge. Honestly the real threat is another 1859 Carrington event. It's going to happen again and when it does every single power transformer will be destroyed and the earth will become completely dark. 95% of the world will starve to death within a year.

    • @keithdaniels5918
      @keithdaniels5918 Před 2 lety +1

      @@MacoyCafe that is 100% correct. Only with our weakened magnetic field it won’t take near that sized event to put us down. I have several vehicles that are EMP proof. Living in a rural area I still think if I drove them anywhere they would be swarmed like World War Z. It could happen any time. With solar cycle 25 really starting to get active. So many are clueless……sad.

    • @MacoyCafe
      @MacoyCafe Před 2 lety +3

      @@keithdaniels5918 It's great to be prepared as much as possible for what's coming. It amazes me how Jesus warned us of all these signs and what they would lead to and how so many Christians aren't listening to Jesus warning. I pray wisdom for all of us on how to help the foolish people who aren't preparing. 👍

    • @frankradcliff660
      @frankradcliff660 Před 2 lety

      That's bs

  • @nodrogdivad
    @nodrogdivad Před 2 lety +2

    I work at a rubber plant. We get get rubber in 1'x2'x4' solid 80lb blocks of dark amber hue from Malaysia, the Philippines, Vietnam and Russia. There's no shortage of anything but workers.

  • @jordankendall86
    @jordankendall86 Před rokem +1

    I believe this is the first time watching this video and now I am commenting a year later after it was posted. I bought 8 tires new for my two vehicles and didn't see a noticeable difference in the price of tires from years ago. Even with inflation, tires seem reasonably priced. But if prices shoot up, then I am glad I bought my tires now. Thanks for sharing CNBC. Love the content.

  • @mikemorris1760
    @mikemorris1760 Před 2 lety +238

    Another created shortage to increase prices. “Pay NO ATTENTION TO THAT MAN BEHIND THE CURTAIN!!!”

    • @dewmontain123
      @dewmontain123 Před 2 lety +3

      To hell with the money what about the environment

    • @davids4063
      @davids4063 Před 2 lety +9

      @@dewmontain123 id love to hear your opinion on "what about the environment?" What exactly do you mean?

    • @tmcche7881
      @tmcche7881 Před 2 lety +11

      Absolutely right. Another excuse to distract from the real cause of inflation. Printing too much money. Inflation is not an increase in prices. Inflation is the devaluation of currency.
      “Inflation is always and everywhere a monetary phenomenon” Milton Friedman.
      ps, there is nothing wrong with the environment.

    • @fatcat6030
      @fatcat6030 Před 2 lety +3

      Stop it with that truth nonsense before your reported! Lol

    • @fatcat6030
      @fatcat6030 Před 2 lety +2

      @@davids4063 Thanks Greta 😂

  • @IMagnus123123123
    @IMagnus123123123 Před 2 lety +101

    Crude oil is the principal raw material in synthetic rubber. Approximately 70% of all rubber used today is synthetic.

    • @Frznngr
      @Frznngr Před 2 lety +9

      Yes but only naturaly rubber can take the preasure of an airplane landing.. No rubber No air travel....

    • @jamiehayes4820
      @jamiehayes4820 Před 2 lety +6

      Not in a tire. Only the inner liner is synthetic. Less than 5%

    • @stephens1393
      @stephens1393 Před 2 lety +10

      @@jamiehayes4820 For regular car tires it is apparently about 2:1 synthetic to natural actually. For truck tires, it's the other way-- 1:2. I thought it was more synthetic as well, but I guess there's still a lot of natural rubber used.

    • @patriot1182
      @patriot1182 Před 2 lety +1

      100% Correct!

    • @0dyss3us51
      @0dyss3us51 Před 2 lety

      Well they have different material property

  • @jazzmoos5382
    @jazzmoos5382 Před 2 lety +4

    It never ceases to amaze me just how much we’re stripping away from our only planet, like these resources are infinite. We bury our heads in the sand and deny how much damage we’re doing.

    • @Vladpryde
      @Vladpryde Před 2 lety

      We're grossly overpopulated. That's the problem. Nobody seems to be talking about it though. It baffles me that Biden wants thousands more from Mexico and South America into this country when we can't even house our own citizens, and as we stray further into debt and the rising costs of living.
      Cut the population of this planet back by a few billion and then we'll be fine.

    • @eone2345
      @eone2345 Před 2 lety +1

      @@Vladpryde what right do you have to suggest cutting down others who in your words, 'over population', on this planet? If you think that idea is truly ideal and really concern and true to your words, don't just talk, prove it by practical action - start from yourself.

  • @ronaldmana2819
    @ronaldmana2819 Před 2 lety +12

    It's the same with BANANAS a fungus is staring to destroy plants.

    • @gamingtonight1526
      @gamingtonight1526 Před 2 lety +2

      But we can get used to a different banana, maybe. But rubber? No. But then we are coming to the end of so many resources, for 30 years we have been using resources like we have1.7 Earths!

    • @lawrenceiverson1924
      @lawrenceiverson1924 Před 2 lety

      Yeah that just means they have to change cultivars again.that's OK there's lots tastier varietals than Cavendish!

  • @timshelby2324
    @timshelby2324 Před 2 lety +183

    Gnome shortage ? That explains why i haven't seen a Travelocity ads in a while .

    • @tenshi.kurama
      @tenshi.kurama Před 2 lety +4

      He got kidnapped by scalpers

    • @jaredkennedy6576
      @jaredkennedy6576 Před 2 lety +2

      Well, with many countries still having restrictions, that gnome can't roam.

    • @andyginterblues2961
      @andyginterblues2961 Před 2 lety +3

      ...gnomes were already pretty damn short.

    • @mimigiggles4199
      @mimigiggles4199 Před 2 lety +2

      I think he got mixed up in a drug cartel and got eaten by a hippo. Roaming where he shouldn't have been roaming, allegedly.

    • @johnassal5838
      @johnassal5838 Před 2 lety

      @@tenshi.kurama Change that to 'Somali pirates' and you've got the next big Tom Hanks vehicle.

  • @brocksamson3282
    @brocksamson3282 Před 2 lety +153

    Wait, wait, go back. There is a gnome shortage?
    Now this is what we need to be talking about.

    • @jamesanderson5268
      @jamesanderson5268 Před 2 lety +5

      That caught my eye also.

    • @TheNefastor
      @TheNefastor Před 2 lety +9

      Can't wrap my head around it. Did tons of people go "oooh, pandemic ! Better stock up on *garden gnomes* ! ????

    • @hayleyrogers5778
      @hayleyrogers5778 Před 2 lety +2

      😂😂

    • @herbertbrown119
      @herbertbrown119 Před 2 lety +1

      There was but President Biden has let several thousand across the southern border and they are now setting up breeding farms in Nevada. The intention is to install them inside Dominion voting machines to change ballots

    • @13bigerdave
      @13bigerdave Před 2 lety +1

      my garden will NEVER be the same

  • @skapunkoialternativeliving6522

    I noticed nobody says anything about recycling the rubber tires they have now..

    • @salvatoreshiggerino6810
      @salvatoreshiggerino6810 Před 2 lety

      That sounds like a recipe for disaster.

    • @deesmith8576
      @deesmith8576 Před 2 lety +1

      well they have it but this show wants to sell you off to dandelion. Also planting a tree never came up in mind for the dandelion instead she wants 40 billion for droplets of rubber I WONDER WHY?

    • @skapunkoialternativeliving6522
      @skapunkoialternativeliving6522 Před 2 lety +1

      @@deesmith8576 it makes me Wanda to also my friend

  • @michaelbelonio3342
    @michaelbelonio3342 Před 2 lety +27

    That's odd, prices of rubber here in the Philippines is still low. Some big shots got richer yet again.

    • @Titus357
      @Titus357 Před 2 lety

      Medium grade Goodyear tires here in USA are $100 each with installation costs.

    • @MrRight-fu1gf
      @MrRight-fu1gf Před 2 lety

      @@Titus357 I paid 50 dollars. Maybe they lowered the price because they took my old tire.

  • @nathanielpatterson6963
    @nathanielpatterson6963 Před 2 lety +84

    "Shipping increase": using more tires.
    Everyone working from home not driving: Not calculated.

    • @everythingasmr1601
      @everythingasmr1601 Před 2 lety +8

      SRT owners : hold my tires

    • @t3dwards13
      @t3dwards13 Před 2 lety +5

      You're completely forgetting the deliveries. Don't be delusional.
      From food, to Amazon as well as other subjects.
      Ships use more rubber than you think.
      Your 2-day air delivery requires that ships float, and land back in the water.
      In my area, many have used the extra time to race, do burnouts and donuts on public roadways.
      The list goes on.

    • @oliversmith9200
      @oliversmith9200 Před 2 lety +7

      Manufactured scarcity pays fat at the top.

    • @nathanielpatterson6963
      @nathanielpatterson6963 Před 2 lety +3

      @@t3dwards13 I don't think I'm delusional. There is drastically LESS traffic in my city, but you want me to believe we are using more tires.
      I for one have reduced our households vehicles from 3 to 1, and we carpool now.

    • @davec.3198
      @davec.3198 Před 2 lety +1

      People staying home will actually create a surplus. Passenger car tires are getting much, much less wear.

  • @captiantim1
    @captiantim1 Před 2 lety +79

    I stop using rubbers a long time ago, so I'm doing my part

    • @44Paws
      @44Paws Před 2 lety

      😆

    • @quincekreb6798
      @quincekreb6798 Před 2 lety +3

      🤣🤣🤣🤣

    • @LERJizz
      @LERJizz Před 2 lety +3

      What’s your system? Pulling out? Mine is using the rear. 😂 We are doing our part! ❤️

    • @Omar-jk8ny
      @Omar-jk8ny Před 2 lety

      🤣🤣🤣

    • @dorhocyn3
      @dorhocyn3 Před 2 lety +6

      @@LERJizz aluminum foil….

  • @donaldducko6580
    @donaldducko6580 Před 2 lety +32

    I’d worry more about lithium battery recycling. You’re set to force millions to switch to electric vehicles without a way to recycle them. WORSE lithium takes TONS of energy to recycle and yields barely anything. Fossil fuel energy.
    It’s insanity.

    • @SirenaSpades
      @SirenaSpades Před 2 lety +2

      Nuclear power is the way to go. Don't worry about lithium. Worry about the focus on solar when nuclear has far more power.

    • @levistrauss5378
      @levistrauss5378 Před 2 lety +6

      Nuclear energy is cleaner and more effective than the alternatives. Where do all these people think they're going to get the electricity for their car?

    • @theredacted3805
      @theredacted3805 Před 2 lety +2

      Yeah also, what energy are you using to produce these batteries? Solar? Wind? LMAO NO. Coal, and fossil fuels, so whats the point going electric.

    • @uioplkhj
      @uioplkhj Před 2 lety +1

      @@theredacted3805 Better for the environment. Makes cities more liveable due to decreased noise pollution.

    • @JimmeShelter
      @JimmeShelter Před 2 lety

      @@uioplkhj Electric vehicles are now mandated to make noise.

  • @boomchick3n458
    @boomchick3n458 Před 2 lety +24

    Moral of the story: Men around the world must unite to avert the apocalypse. So remember to turn those love gloves inside out between uses!

    • @deesmith8576
      @deesmith8576 Před 2 lety

      snicker bar offers a snack and after eaten and used will have a treat for the girl at the end

    • @whatleft123
      @whatleft123 Před 2 lety

      I cut mine in half, so I only use half the amount each time. Conserve people, conserve. Plus the bottom half feels better.

  • @raceroyce
    @raceroyce Před 2 lety +24

    So the biggest demand for rubber is tires but we all locked down for over a year and didnt drive as much making our tires last another year. The shortage of semi conductor leads to shortage of cars which means not as much demand for tires. So why exactly is there going to be an rubber apocalypse or shortage?

    • @volvo09
      @volvo09 Před 2 lety

      Eat zee bugs, libve in zee pod.

    • @jonwojcik4494
      @jonwojcik4494 Před 2 lety +4

      The trees used to create rubber were cut down to create food producing trees and plants. Now that the industry and need for rubber is growing there is a waiting period(7years) to grow and replace those trees

    • @djangosmith592
      @djangosmith592 Před 2 lety +4

      I worked at a tire warehouse during COVID 2020 we couldn’t keep tires and also we had supply chain issues to boot

    • @MrMan_47
      @MrMan_47 Před 2 lety

      Thinking like that is unacceptable comrade!

  • @sogggy
    @sogggy Před 2 lety +195

    Latex from dandelions? I'll be a billionaire. That will show my neighbors.

    • @DBrentWalton
      @DBrentWalton Před 2 lety +11

      Milkweed plants - bigger and more latex.

    • @greensage395
      @greensage395 Před 2 lety +4

      @@DBrentWalton Poinsettia can grow into Tree-size plants! :)

    • @djangosmith592
      @djangosmith592 Před 2 lety +1

      🤣🤣🤣 love it !!!

    • @michaelconnolly3990
      @michaelconnolly3990 Před 2 lety

      Nice!!

    • @SandcastleDreams
      @SandcastleDreams Před 2 lety +5

      Save the leaves. They block ACE2 Receptors from accepting Spike Proteins. 1 to 2 tsp. of dried leaves per day made into a cup of tea.

  • @killyourtelllievision
    @killyourtelllievision Před 2 lety +3

    In a perfect world you would think someone would have come up with a way to recycle old tires into new new tires

    • @trp2413
      @trp2413 Před 2 lety

      Someone should figure out how to turn ash into wood again too. The chemistry just isn’t there.

    • @RichieWellock
      @RichieWellock Před 2 lety +1

      for 5 decades now rubber can be turned back to usefull state, vulcanised rubber as in tyres is harder but for 2 decades thats been possible. But not as profitable as making demand high to charge more. Vulcanised rubber can be transformed into long chain carbons to create fuel out of it as so we can with none recyclable plastics. Unfortunately that mainly hits the economical sense of collecting all these materials and being then cost effective. same problem with starving people in respect to there being abundance in places of food waste , but in transporting and collecting the price then ascends to above what is locally affordable for the logistics costings. we really have a screwed up world

  • @Dupont550
    @Dupont550 Před 2 lety +7

    It’s amazing how everything is now in a shortage. 🤔

    • @lardlover3730
      @lardlover3730 Před 2 lety

      Perhaps it’s because the earth can only sustain 4.9 billion humans without encountering shortages

    • @morteza1024
      @morteza1024 Před 2 lety

      Shows how fragile the economy is.

    • @whatabouttheearth
      @whatabouttheearth Před 2 lety

      They say there is a looming food shortage in the US also......but go to the supermarket and look at the shelves for yourself.
      Just like they said about 50% of the US is obese....but go out to town and look for yourself with your own eyes. Is it true?

    • @Elcomendante64
      @Elcomendante64 Před 2 lety

      Yah, it’s because the consumption patterns have changed. Before pandemic the USA was buying more services than goods. That has flipped with the pandemic. Supply chains are adjusting. A shortage is necessary for the adjustment to happen.

  • @earthsteward9
    @earthsteward9 Před 2 lety +94

    Do economist think rubber has an elastic demand? ...sorry couldn't resist the pun :-)

    • @raypitts4880
      @raypitts4880 Před 2 lety +19

      stretching the supply chain to the limit.

    • @johnassal5838
      @johnassal5838 Před 2 lety +1

      It'll snap back so there's no need for all this tension.

  • @Boraxo
    @Boraxo Před 2 lety +36

    I won't spend a dime at Starbucks.

    • @ACommenterOnYouTube
      @ACommenterOnYouTube Před 2 lety +3

      I dont give then a dime either, more like $5

    • @philnightjar1971
      @philnightjar1971 Před 2 lety +1

      Starbucks overrated, I prefer a local cafe run by my friend
      Cuz I always get discounts lma

    • @ACommenterOnYouTube
      @ACommenterOnYouTube Před 2 lety

      @@philnightjar1971 i agree with you but we all get to spend our $$ where we want to

    • @direwolf6234
      @direwolf6234 Před 2 lety

      or amazon walmart staples home depot etc...

  • @brax0789
    @brax0789 Před 2 lety +4

    Had no idea rubber grew on trees

  • @satsitter
    @satsitter Před 2 lety +9

    Growing crops of Dandelions in vertical, high-tech, indoor farms. Sounds normal for these abnormal times.

    • @deesmith8576
      @deesmith8576 Před 2 lety

      or just grow the trees and get buckets of them less work more product. Billions for some dumb hydro farm where you have to waste so much vs throw a tree on the ground and there you go cuts back on carbon also.

  • @mikehitetattoos
    @mikehitetattoos Před 2 lety +64

    The woman selling the "shock value" to a supply shortage. Is the same lady "inventing" her own rubber process. 🤔

    • @gjenkins1660
      @gjenkins1660 Před 2 lety +5

      Politics at it's finest 😉

    • @Kanzaz
      @Kanzaz Před 2 lety +2

      She'll have an ipo next week

    • @lloydwoodward9053
      @lloydwoodward9053 Před 2 lety +3

      Rubber: comes from a plant
      Lady: I’ve found a way to make rubber from plants!

    • @XDamainI
      @XDamainI Před 2 lety +1

      Also asks for 1 billion dollars like it's nothing.

    • @garlinusgervix7867
      @garlinusgervix7867 Před 2 lety +1

      CNBC is hiding the fact that Crude Oil is used to make 70% of the worlds rubber. Because Shutting a pipeline down is a good idea. www.google.com/search?q=is+rubber+made+from+oil&oq=is+rubber+made+from+oil&aqs=chrome..69i57j0i22i30l3j0i390l2.3701j0j7&sourceid=chrome&ie=UTF-8

  • @MyTwoCents2
    @MyTwoCents2 Před 2 lety +37

    I'm rubber you're glue. Whatever you say bounces off me and sticks back to you.

    • @johnarmenta2199
      @johnarmenta2199 Před 2 lety +1

      I am coating myself in rubber cement. That way I will be BOTH rubber AND glue, and yet NEITHER rubber nor glue. Yeah - I just blew your mind! LOL!!

    • @oliversmith9200
      @oliversmith9200 Před 2 lety +1

      @@johnarmenta2199 Just do it in a well ventilated area so you don't blow your own mind!

  • @tweedyburd007
    @tweedyburd007 Před 2 lety +3

    I like how they say some items needs natural rubber, but only list one, and it's airplane tires. Where's the apocalypses.

    • @RichRich1955
      @RichRich1955 Před 2 lety

      Many developing countries people are wanting to drive. There's 8 billion humans. How much rubber would you think comes from a 4 year old tree?

    • @tweedyburd007
      @tweedyburd007 Před 2 lety +1

      @@RichRich1955 Do you drive airplanes to work?

  • @patrickhouchins9074
    @patrickhouchins9074 Před 2 lety +12

    I'm doing my part to conserve rubber, no condoms!

  • @jumpstartt249
    @jumpstartt249 Před 2 lety +19

    Thank god we aren't going to lose our rubber ducks.

    • @Derocium
      @Derocium Před 2 lety +1

      I was relieved when I heard that part

  • @enriquemercedes9519
    @enriquemercedes9519 Před 2 lety +108

    Let’s just hope tire makers don’t make the same mistake as car manufacturers when they reduced their orders for microchips in cars and cause a shortage. Cause it will take 7 years to increase supply. Take care of of your suppliers just as much as you take care of your end users.

    • @sodalitia
      @sodalitia Před 2 lety +9

      Rubber is not a microchip. It ages in storage and looses properties.

    • @vibeking888
      @vibeking888 Před 2 lety +3

      @@HermannTheGreat O totally like a Ceo would be browsing a CZcams comment section. 🤪

    • @greatdaneacdc
      @greatdaneacdc Před 2 lety +3

      Michelin tires at the wholesale level up 20% ! Prices will go up now everything!

    • @enriquemercedes9519
      @enriquemercedes9519 Před 2 lety +7

      @@sodalitia and so does my car that has a microchip in it yet you don’t see me selling or thrashing my car after long periods of not driving it. Explain why Toyota ignored the just in time supply chain tactic and stored microchips to keep manufacturing cars?

    • @theallseeingeye9388
      @theallseeingeye9388 Před 2 lety +1

      Judging by how much they care about their customers, its going to be a big shortage folks

  • @Ryomichi
    @Ryomichi Před 2 lety +4

    America: you keep cutting down trees! I’m going to sanction you!
    Also America: I need your rubber!

  • @presidentpoopypants1448
    @presidentpoopypants1448 Před 2 lety +28

    Has anyone else notice that lately "news" reports are done in a gravely sounding condescending voice that puts a slight emphasis on the last word in a sentence?

    • @BRlGADE_KINGPIN
      @BRlGADE_KINGPIN Před 2 lety +7

      Yes. A lot of the time if the news wants you to think a certain way about something, they’ll deliver the message to you a certain way

  • @IKEMENOsakaman
    @IKEMENOsakaman Před 2 lety +164

    Ahhh I remember the toilet roll shortage. That was stupid...

    • @markplott4820
      @markplott4820 Před 2 lety +3

      I dont even use TP, I have a TOTO Automatic Toilet.

    • @TheHDCam2
      @TheHDCam2 Před 2 lety +1

      I bought all I could because I knew if I didn’t, others would and I’d be knowingly disadvantaging my household. I didn’t think the world was coming to an end, but I understand others fear that if this is a highly transmissible and lethal virus, than that might require nearly or absolutely all factories to be shutdown for an undefined period. If that cuts off tp supply and you don’t have enough, that’s not going to be a fun situation. Also the leader of the most powerful country was in utter denial, wildly inconsistent, and alienating public health leaders with deep expertise. So yeah it was kind of disorienting time.

    • @Helaw0lf
      @Helaw0lf Před 2 lety +1

      I thought that was so selfish of people. I thankfully do my part by using one to three squares per use.

    • @cable30
      @cable30 Před 2 lety

      It was so bad even places that was closed and cant open was either selling their big rolls or donating cause had so much tp in stock cause not open to use any. even traffic was stealing it from places as left left restroom any. but traffic was stealing rolls even before pandemic if needed that bad lol.

    • @daneclark3161
      @daneclark3161 Před 2 lety +1

      Stupid? No. It got me to buy my ButtBlaster 3000.

  • @notmyrealname1437
    @notmyrealname1437 Před 2 lety +5

    In the early 1970's I worked as an engineer for a factory making latex surgeons' gloves so I am familiar with rubber. As the video explains, the price of natural rubber is cyclical. I'm sure the price got flattened by the pandemic, but a shortage is needed to raise prices and spur production. In the past we have tried alternative plants for sources of latex, but nothing economically has ever been found. It is difficult to synthesize natural rubber because of the molecular arrangement of atoms in the molecule (cy- versus trans isomerism); however, we can make inferior but workable substitutes, such such as styrene butadiene rubber (SBR) and a number of other elastomers.

  • @muhamadabdurrahman3035
    @muhamadabdurrahman3035 Před 2 lety +4

    Meanwhile in Indonesia, natural rubber farmers (smallholders) are valued at less than 1 dollar or 2 dollar for 1 kilogram purchased by collector/distributors at low prices and sell them at high prices. So that farmers lose and cut down their trees to be replaced by oil palm.

    • @bccsivxx-xxivvii
      @bccsivxx-xxivvii Před 2 lety

      Same way with every product. The working man is taken advantage of. Even in Perú and other South American countries, the coca farmers may get $20 for a kilo of cocaine that is the percent sold for $25k to $100k+ wholesale to retail.

    • @bradaltemeyer4472
      @bradaltemeyer4472 Před 2 lety +1

      we need fair trade latex, like the fair trade coffee to put the money into the workers hands, and the farmers hands, ditching the middle man is a classic business strategy for many supply chains.

  • @theSexyMilkMan
    @theSexyMilkMan Před 2 lety +6

    Whenever I watch how things are made, I just wonder, who decides to tap a tree and says, this could be a thing

    • @VitorFM
      @VitorFM Před 2 lety

      Indians from Amazon Forest

  • @TopVillain
    @TopVillain Před 2 lety +31

    2-6 dollars a day? When the rubber market is worth 68 billion a year?

    • @Beachdudeca
      @Beachdudeca Před 2 lety +5

      Yea it’s like pork it does not go to the farmers

    • @rockgod2131
      @rockgod2131 Před 2 lety +5

      Not much different than any other industry. Like smartphones.

    • @letsgobrandon987
      @letsgobrandon987 Před 2 lety +2

      It’s all relative to the cost of living to where you live.

    • @nikolaykrotov8673
      @nikolaykrotov8673 Před 2 lety

      Natural rubber is used because it is cheap. Farmers should be grateful for what they get. If price of nat rubber goes up it would be quickly replaced by synthetic alternatives.

    • @Jimraynor45
      @Jimraynor45 Před 2 lety +2

      Any person can freeze water or plant a tree, but you need to be a master scluptor to sculp ice into a figure or to carve wood into furniture. Knowing how and what to do with a material is usually much more valuable than any material itself. That in fact is how wealth is created.

  • @chitownbear7733
    @chitownbear7733 Před 2 lety +32

    Always interesting to see over time how these folks use words. Apocalypse, bomb and war seem to be use more and more often. I wonder why

    • @eavyeavy2864
      @eavyeavy2864 Před 2 lety +2

      Just like "wholesome', ngl, "literaly" doesnt mean anything. People just overeact to present an image they are not. Same thing applies to "american fear" words.

    • @golden1324
      @golden1324 Před 2 lety

      To try and distract you from looking inwards

    • @chem.4919
      @chem.4919 Před 2 lety

      Would you have watched the video if it was titled "Looming rubber shortage"?

  • @andersbjrnsen7203
    @andersbjrnsen7203 Před 2 lety +7

    Like always: pay the farmers a fair price for their product, let them farm within the limits nature sets, and you fix the problem.

    • @Whiteboykun
      @Whiteboykun Před 2 lety

      Wow such genius problem solved you titan of industry I think my balls just dropped. what are you doing in youtube comments when there are so many failing industries out there? For the good of humanity, Get out there!

    • @andersbjrnsen7203
      @andersbjrnsen7203 Před 2 lety +1

      @@Whiteboykun I am out there! Offfering the solution on CZcams for every one to see! Now all you have to do my disciple is to go out in the world and implement my teachings!

  • @williamhaynes7089
    @williamhaynes7089 Před 2 lety +1

    Good thing that writing checks is something we don't do as much now days, too many rubber checks keeps the supply down for other items

  • @NovelNovelist
    @NovelNovelist Před 2 lety +33

    Wow, I actually thought virtually all "rubber" products -- tires, shoe soles, condoms, elastic bands, gloves, etc -- were pretty much all synthetic. Kinda shocked we use so much actual real, natural rubber.

    • @Hans.Dewitt
      @Hans.Dewitt Před 2 lety +4

      both have their own unique properties and corresponding uses

    • @maxfastest
      @maxfastest Před 2 lety +7

      No way there are massive rubber tree plantations that are able to supply the amount of demand we have !
      Oil is used to make all of those products instead !

  • @lynnzerben
    @lynnzerben Před 2 lety +84

    “Rubber from plants!” Sooooo are we saying that the trees that produce natural rubber aren’t plants?

    • @noconnection9875
      @noconnection9875 Před 2 lety +10

      Not in that sense of "plant". You hear tomato plant, not tomato tree. You hear apple tree and banana tree, not apple plant and banana plant.

    • @maxfastest
      @maxfastest Před 2 lety +8

      You couldn't plant enough rubber trees to produce anywhere near enough rubber to supply the needs of the masses !
      Tires are made from OIL !

    • @peterpan4038
      @peterpan4038 Před 2 lety +7

      Tires include a long list of parts, and usually natural lathex is part of it.
      But yes, modern tires use way less natural lathex then those in the earlier days.

    • @ppumpkin3282
      @ppumpkin3282 Před 2 lety +3

      If dandelions produce laxtex, I could supply North America.

    • @3wolfsdown702
      @3wolfsdown702 Před 2 lety +1

      @@peterpan4038 thats why they're crap

  • @fk4515
    @fk4515 Před 2 lety +1

    Same thing with about any agricultural commodity. Most have cycles, some that make money in agriculture either stay flat in their operations and don't jump in and out of the market based on prices or some even run countercyclical and increase production when the market is low and exit the market when it's high.

    • @donalddrane2795
      @donalddrane2795 Před 2 lety

      Finally an intelligent comment, exactly correct!!!

  • @JohnG-cj1ii
    @JohnG-cj1ii Před 2 lety +5

    "In one ear and out the rubber."

  • @davidtindell950
    @davidtindell950 Před 2 lety +41

    Hopefully, Rubber will “bounce back” without having the farmers “stretch “ even further !

    • @danielabella8871
      @danielabella8871 Před 2 lety +1

      if only the manufacturer play it fair. then our farmer won't experience the disappointment in rubber plant industry

    • @faithandhope6
      @faithandhope6 Před 2 lety +2

      the real profit is in the commodity traders, if rubber will bounce back, well, it depends on the commodity traders in the commodity stock market. the reality is that raw rubber is very underpriced.

    • @davidtindell950
      @davidtindell950 Před 2 lety

      @@faithandhope6 Unfortunately,, “commodities “ are manipulated by greedy traders.
      Perhaps growers could form a large co-op ? It is another corrupt economic system !

  • @mb4lunch
    @mb4lunch Před 2 lety +75

    Time to start shredding and recycling old tires on a grand scale.

    • @bigchuckyinkentucky6267
      @bigchuckyinkentucky6267 Před 2 lety +14

      Sorry, it doesn't work that way. You can't remake a tire from a tire. You can retread it once, maybe twice but eventually the rubber breaks down and loses its flexibility. Something called vulcanization. Don't ask me cause I don't understand it either.

    • @rayrussell6258
      @rayrussell6258 Před 2 lety +1

      I have some old tires, think I'll go clean out my garage, and maybe get some cash from the tire recyclers

    • @rossjudd6049
      @rossjudd6049 Před 2 lety +7

      @@bigchuckyinkentucky6267 How about condoms? maybe have a recycling program for them? Those aren't vulcanized! (at least MINE aren't) :)

    • @bigchuckyinkentucky6267
      @bigchuckyinkentucky6267 Před 2 lety +6

      @@rossjudd6049 I don't even want to think about it. 🤮

    • @ScooterFXRS
      @ScooterFXRS Před 2 lety +2

      Once vulcanized it changes it structure and can not be reused for that purpose.

  • @jamesemullican
    @jamesemullican Před 2 lety +8

    So, the toilet paper people are going to be buying tires.

    • @hermask815
      @hermask815 Před 2 lety +1

      I see a connection and it’s called skid marks.
      Now you have to live with that image in your mind.

  • @jereyesjr
    @jereyesjr Před 2 lety +2

    If we are running short of rubber. WHY are there mountains of illegally dumped tires in every major state??

    • @Delosian
      @Delosian Před 2 lety +1

      Because we don't really recycle. We fool ourselves into thinking we do, but in reality we either burn or bury it, including most of the stuff we put into the recycling bins.

  • @A2dy
    @A2dy Před 2 lety +36

    I always assumed that car tires were mostly synthetic rubber. Guess you just can't beat the real thing sometimes

    • @markplott4820
      @markplott4820 Před 2 lety +1

      Race cars use Tires made from Orange Oil.

    • @ArthursHD
      @ArthursHD Před 2 lety +4

      There is a free documentary on CZcams about tires. And you are correct there is not much latex in cheap tires.

    • @AllenHanPR
      @AllenHanPR Před 2 lety +1

      They got tired of using the fake stuff.

    • @manfredlisting2143
      @manfredlisting2143 Před 2 lety

      It'a a supply/demand thing. When the price of natural rubber rises, synthetic rubber takes over. Apocalypse deferred!

  • @jessepotter365
    @jessepotter365 Před 2 lety +92

    I see. The "rubber apocalypse" lady is promoting her own start up.

    • @thatoneguy378
      @thatoneguy378 Před 2 lety

      Good comment!!!

    • @gregtomamichel973
      @gregtomamichel973 Před 2 lety +6

      My thoughts exactly. The only one shouting "apocalypse" has a vested interest in her own startup company. Meanwhile, all the tyre companies say "actually, we're ok." A very poor article.

    • @George.Andrews.
      @George.Andrews. Před 2 lety

      This is crap

    • @tz8785
      @tz8785 Před 2 lety +1

      This has already been done in the 1930s to 50s, however, productivity per acre couldn't compete with rubber trees.

    • @sonnymoore5555
      @sonnymoore5555 Před 2 lety +5

      ITS PLANT BASED THOUGH!!! Never mind that rubber trees also are plants?

  • @richiejohnson
    @richiejohnson Před 2 lety

    Others have made the point there is no natural rubber in most tires. What we frequently call rubber, is actually an elastrometric petroleum polymer

  • @ShadowWizard123
    @ShadowWizard123 Před 2 lety +1

    There is entire junkyards full of old tires. Are they not recyclable?

  • @atenas80525
    @atenas80525 Před 2 lety +13

    Millions of square feet of abandoned factories sitting in the rust belt - why can't they be repurposed?

    • @DeathByFishing
      @DeathByFishing Před 2 lety

      Other then lack of skilled workers, government taxation and over regulation is why most factories are abandoned.

    • @tutored2today438
      @tutored2today438 Před 2 lety

      Cheaper in china

    • @DavidLLambertmobile
      @DavidLLambertmobile Před 2 lety

      🏭 ? Sure! Where are you going to find sober, stable labor work forces able to do 40hr shifts? 168hr per week? Cleveland had Firestone, Goodyear, Uni Royal etc. Howd that work out? 🤔

    • @DeathByFishing
      @DeathByFishing Před 2 lety +1

      @Dennis McConnell Perot was talking about NAFTA. Bill Clinton's legacy. And what a failure it is. Those jobs would all still be here if our government gave industry a fair deal so they would keep businesses in America.

    • @tutored2today438
      @tutored2today438 Před 2 lety

      @@DavidLLambertmobile how did that work?

  • @orangiseng3155
    @orangiseng3155 Před 2 lety +12

    instead depending on production, we should find an effective and efficient ways to recycle and reuse those rubber waste

    • @oliversmith9200
      @oliversmith9200 Před 2 lety +1

      Perhaps expedience of necessity will eventually bring that realization, but, it seems many will only get their dragging holes into their rubber soles.

    • @deesmith8576
      @deesmith8576 Před 2 lety

      you do know they have tire recycling plants these people just didnt bother doing the research

    • @garethbaus5471
      @garethbaus5471 Před 2 lety +1

      Natural rubber degrades with age, and can't be used to replace virgin rubber after it is vulcanized. The best we can do is to repurpose the old material in a less demanding way to recoup some of the costs.

  • @jimwinchester339
    @jimwinchester339 Před 2 lety +2

    Very informative. I must also add, though, that it's really up to the farmer, who is utterly familiar with the rubber tree's natural growth cycle, to know better and plant new trees, even when it doesn't look like it's worth it, and/or when it's contrary to the current business cycle. That farmer by now should know there will be indeed ongoing demand for rubber. There's no going back from that.

    • @SpencerGD
      @SpencerGD Před 2 lety +1

      When you are dirt poor, though, you cannot really plant trees for the demand in five years. What they need is a futures market, to help stabilize prices.

  • @fleonard4
    @fleonard4 Před 2 lety

    "it's bouncing back quite well" LOL

  • @d.e.b.b5788
    @d.e.b.b5788 Před 2 lety +125

    Most 'rubber' isn't even rubber. It's made from petroleum, OIL.

    • @edwardneuman6061
      @edwardneuman6061 Před 2 lety +14

      Synthetic rubber might be made from oil not natural rubber.

    • @robertjones1730
      @robertjones1730 Před 2 lety +9

      you don't know what you you don't know

    • @Fearlessphil100
      @Fearlessphil100 Před 2 lety +7

      @@edwardneuman6061 Correct, real rubber comes from rubber tree sap.

    • @stevehoch9528
      @stevehoch9528 Před 2 lety +14

      I'm not sure what the point of this was. During WW2 our supply of natural rubber was completely cut off by the Japanese. The result was the advancement of synthetic rubber which we used to make almost everything that we needed to continue fighting, including airplane tires. We don't really need to buy natural rubber unless it is priced right.

    • @stevehoch9528
      @stevehoch9528 Před 2 lety +12

      @@ZX-mt2dg Ok, I'll bite. What about it? Natural rubber is still available for those applications, whatever they may be. The whole video reminded me of climate change hysteria. What was your take on it?

  • @anteeko
    @anteeko Před 2 lety +62

    Market will rebalance, rudder product will be more expensive for a while until things stabilize. No apocalypse.

    • @joshuaheller33
      @joshuaheller33 Před 2 lety +1

      No shortage either! China is needs it more than we do. They make it and are keeping it for themselves. Notice it shows how they make "natural rubber." Hitler and National Socialist Scientists invented synthetic rubber years ago. China has all the supplies to make it. Why do you think China is fighting for Taiwan??? Come on meow. Google it. Look it up. Tell me if I am wrong.

    • @deadwingdomain
      @deadwingdomain Před 2 lety

      We can do away with rubber tires in a decade, if we wanted to. There are several models for alternatives to rubber. Rubber which doesn't work when the road gets too hot...

  • @harryclewlow9830
    @harryclewlow9830 Před 2 lety +3

    The fact that you showed a clip from the 50s ish just shows that we just repeat everything in cycles

    • @andy347
      @andy347 Před 2 lety

      Those were from the 40s during WWII

    • @harryclewlow9830
      @harryclewlow9830 Před 2 lety

      @@andy347 I was guessing but the point stands we are coming up on 100 years since it and we are just repeating it

  • @JJs_playground
    @JJs_playground Před 2 lety +1

    I only, recently, learned that rubber is extracted from trees. I was shocked. I had no idea, i always though rubber was synthetic.
    I watched a vice documentary about it and it's shocking the type of work they have to do. There was an 80 old couple that was tapping trees for it.

  • @LaniakeaDenizen
    @LaniakeaDenizen Před 2 lety +124

    So not quite an "apocalypse". More like a temporary blip caused by a volatile market, slow supply, and supply chain issues. Still though, an informative video.

    • @dan_6915
      @dan_6915 Před 2 lety +3

      Useless news

    • @glutenfreegam3r177
      @glutenfreegam3r177 Před 2 lety +8

      Unless those tree diseases are eradicated...the rubber tree apocalypse could be a very real thing

    • @daniluchison
      @daniluchison Před 2 lety +1

      She said rubber apocalypse' not just apocalypse. It means within the next few years, pricing will go up high.
      If Covid showed the world something is that average humans have become too dependent on global corporations for a variety of things, from food, pharmaceuticals, energy (most solar panels are made in china) and now even tires!

    • @livelirah9109
      @livelirah9109 Před 2 lety +1

      Sanction US they use force labour in southeast Asia, evidence; just $2/day. This is missuse of power

    • @agisler87
      @agisler87 Před 2 lety +5

      @@livelirah9109 Is it "forced labor" only because you don't like the pay? That's not forced labor. And you cant put western standards on other countries.

  • @jeremygibbs7342
    @jeremygibbs7342 Před 2 lety +21

    It's upsetting to see someone in a suit discuss supply chain issues when you know the people farming the actual crop are not receiving proper pay for the product they are providing.

    • @Terra_Lopez
      @Terra_Lopez Před 2 lety +1

      I know, right? And their pay tends to be a relatively small percentage of the total cost of the finished product, I think, so it shouldn't affect the end user cost too much.

    • @adrianguggisberg3656
      @adrianguggisberg3656 Před 2 lety +1

      That's how first world wealth works.

    • @djtan3313
      @djtan3313 Před 2 lety

      @@adrianguggisberg3656 Yup.

    • @jase87
      @jase87 Před 2 lety +1

      Why is it upsetting? Farmers tend to be lower skilled labour work that almost anyone can learn to do. The guy in suit has the skill set the drive the industry, not everyone has that kind of skill

    • @Trtevoorryu
      @Trtevoorryu Před 2 lety

      We should be making rubber in the US but I guess that requires paying a living wage.

  • @americannomadnewsthecardbo4339

    During world war II when the Germans were a severe threat with their submarine fleet in the Atlantic and the Pacific the allies resorted to a specific breed of dandelion that produced a latex of sufficient quality to make the tires and rubber materials needed for war. It is still being researched by enthusiasts today.

  • @thestrangechannelofjeff7426

    A 100 years ago we got most of our rubber from trees. Now we create synthetic rubber off oil byproducts.
    No rubber shortage on the horizon. We good

  • @andt3316
    @andt3316 Před 2 lety +47

    US says " So,who is the biggest rubber supplier in the world ? looks like they need Freedom "

    • @1970joedub
      @1970joedub Před 2 lety +5

      Pretty much

    • @Kharmatos13
      @Kharmatos13 Před 2 lety +2

      nah that's if they had oil

    • @andt3316
      @andt3316 Před 2 lety +1

      @@Kharmatos13 US already lowered their standards. Ha...

    • @dtcanxz
      @dtcanxz Před 2 lety +4

      @@Kharmatos13 we wont need oil much longer. Gotta find another raw material to liberate.

    • @attor90
      @attor90 Před 2 lety +2

      @dtcanxz I don't know if you are American but if you are well done for your honesty!

  • @Terracronz
    @Terracronz Před 2 lety +29

    “Supply chain security”, the fight is always over raw materials and unfinished goods.

    • @deadwingdomain
      @deadwingdomain Před 2 lety +4

      It's a scarcity market. It's never been an honest supply and demand system.

    • @destinyglitches9519
      @destinyglitches9519 Před 2 lety

      @@deadwingdomain and these videos cause panic buying. Market manipulation on a global scale or honest reporting?

  • @adamgoof
    @adamgoof Před rokem +1

    Now Tire was like about 80 bucks now it’s about $200 fire stone

  • @CamiloSantana
    @CamiloSantana Před 2 lety +15

    The world, dependent on southeast Asian farmers, still refuses to pay them enough to prevent this catastrophe and doesn't offer assistance for the crop disease.
    Seems the problem again are the shareholders and their executive henchmen. Go shareholder capitalism 🙄

    • @martytube821
      @martytube821 Před 2 lety

      Its not that simple and not how markets works!

  • @TotallyNotRedneckYall
    @TotallyNotRedneckYall Před 2 lety +65

    The word "apocalypse" gets used three times a week. I think we've wandered away from the original meaning of the word 😆

    • @muzic4lyfe2005
      @muzic4lyfe2005 Před 2 lety +3

      dont forget "surge"

    • @ghostmedic86
      @ghostmedic86 Před 2 lety +1

      Doom and gloom sells apparently.

    • @gadaadhoon
      @gadaadhoon Před 2 lety

      The original meaning of the word is "drawing aside the curtain" to show the future. Words change.

    • @TotallyNotRedneckYall
      @TotallyNotRedneckYall Před 2 lety +1

      @@gadaadhoon Maybe:
      "I think we've wandered away from the American fundamentalist Christian meaning of the word, circa 1985."

    • @gadaadhoon
      @gadaadhoon Před 2 lety +1

      @@TotallyNotRedneckYall Did you just make fun of yourself? LOL! If there were more people able to do that our society would be a lot more stable.

  • @adriancodogan949
    @adriancodogan949 Před 2 lety +6

    The breadfruit tree produces sap that can make rubber that can be harvested every day. When we were kid we chew dried breadfruit sap as chewing gum adding sugar and toothpaste for flavor

    • @thomasr1051
      @thomasr1051 Před 2 lety

      north american's call breadfruits bannanas right?

    • @davedrewett2196
      @davedrewett2196 Před 2 lety +1

      Jackfruit too and it can be grown in the subtropics.

    • @adriancodogan949
      @adriancodogan949 Před 2 lety +1

      @@davedrewett2196 we call Jackfruit breadnut a good source of sap

  • @censoredyoutube4902
    @censoredyoutube4902 Před 2 lety +1

    Professor, come to my property to get free dandelions! I've always got the weed all over my lawn of 1 acre! 🤣

  • @lifeishooey
    @lifeishooey Před 2 lety +1

    Oh no! Now I gotta run out and buy out the store in underwear and 50 years worth of tires for two cars while I still got a few bucks.