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Money and Finances
Reply to "Does anyone else believe the impending financial crash will be bigger than 2008-2009?"
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[quote=Anonymous]Glasses: One company controls roughly 30% of the global eyewear market, owns numerous brands (Ray-Ban, Oakley, and more), optical stores (LensCrafters, Sunglass Hut), and insurance partnerships. Some estimates suggest control near 80% of major eyewear brands. Anthem Health: In many U.S. states, Anthem holds over 50% market share in commercial health insurance—crossing into monopolistic territory in certain regions. Just three companies—CVS Caremark, Cigna’s Express Scripts, and UnitedHealth’s OptumRx—control ~80% of the prescription drug middleman market. Hospital mergers have left many U.S. regions with just 1–2 dominant hospital systems. Research shows this raises prices by 20–40% for patients. Meatpacking (Beef, Pork, Poultry): Four companies—Tyson Foods, JBS, Cargill, and National Beef—control 80–85% of beef processing in the U.S. Similar concentration exists in pork and chicken. This impacts grocery prices, farmer contracts, and food supply stability. Seeds & Agrochemicals: The “Big Four” (Bayer/Monsanto, Corteva, Syngenta/ChemChina, BASF) control over 60% of the global seed market and ~70% of agricultural chemicals. Farmers often have little choice but to buy from them. Grain Trading (ABCD firms): ADM, Bunge, Cargill, Louis Dreyfus dominate global grain trading. They control supply chains that affect bread, cereals, and animal feed prices worldwide. Waste collection: Two giant companies control 50–60% of U.S. garbage collection and disposal. Groceries: In many U.S. metro areas, Kroger and Albertsons (pending merger) could control over 70% of grocery sales. Walmart already captures ~25% of all grocery spending nationwide. Banks: The “Big Four” (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) control nearly 40% of U.S. deposits. Hedge funds and large chains (like Gannett and Alden Global Capital) now own the majority of U.S. newspapers. Entire states have only one or two daily papers left.[/quote]
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