Hardware supply gluts last a few days or weeks but always get soaked up.
Taxpayer funding of targeted higher education can create gluts of the wrong kind of graduates.
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They know, I think, that in the past price spikes have always been followed by gluts.
Two problems facing Chinese brands are the country's chronic inventory gluts and stiff local and foreign competition.
Many of the alternatives are more demanding, and may be vulnerable to disease or local market gluts.
Rising demand in Asia for soya, beef and orange juice offers the scope for producing more without causing gluts.
While demand is certainly a factor in semiconductor forecasting, its importance pales in comparison with the impact of capacity gluts and shortages.
When gluts develop, prices fall and the billionaires start to lose ground.
On top of that, the massive over-supply of the 1980s has yet to be duplicated, so the big markets are less vulnerable to price-slashing property gluts.
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Similar techniques are used to handle temporary gluts of work.
In the 1990s, competition from developing countries with lower production costs (such as India and Brazil, as well as China) and the emergence of steel suppliers from the former Soviet Union led to gluts and deflated prices.
Capacity gluts have turned into supply shortages.
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