I believe that our economic future can be summed up by PLOP!
Bear
Posts: 18,953 ✭✭✭
Cost of goods down
Stock market down
Precious metals down
A deflationary DEPRESSION
M-3 money supply continues its decline
Debt will become more burdensome
Surprisingly, interest rates will increase
Coin values sideways to down slightly
Unemployment at the high historic end
Duration 5 years or WW 3, whichever comes first
Banks and investment firms will remain as obnoxious and
arrogant as ever.
Victory gardens for food will come back in vogue
In the future no one will pay taxes. The cost of government will
be covered by the return on bottles and cans as well as recycled
ammunition cases.Also Congress will be limited to meeting only
three times a year. They seem to have done enough damage for
several lifetimes. The Supreme Court will be replaced by the SUPREMES
and the president will be elected by means of a TV talent show with
call in votes.
Stock market down
Precious metals down
A deflationary DEPRESSION
M-3 money supply continues its decline
Debt will become more burdensome
Surprisingly, interest rates will increase
Coin values sideways to down slightly
Unemployment at the high historic end
Duration 5 years or WW 3, whichever comes first
Banks and investment firms will remain as obnoxious and
arrogant as ever.
Victory gardens for food will come back in vogue
In the future no one will pay taxes. The cost of government will
be covered by the return on bottles and cans as well as recycled
ammunition cases.Also Congress will be limited to meeting only
three times a year. They seem to have done enough damage for
several lifetimes. The Supreme Court will be replaced by the SUPREMES
and the president will be elected by means of a TV talent show with
call in votes.
There once was a place called
Camelot
Camelot
0
Comments
I predict the price of Gulf shrimp may be on the rise.
Think this bird covered in glop, gives a damn about the M3, or the ever increasing debt?
I'm more worried about what Mother Nature has in store for us intelligent humans.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Camelot
...and this moment is the beginning of the end of today...
...so there is nothing left to do but...
...party like there will be no tommorrow...
Camelot
<< <i>Bear, why don't you put down the keyboard, pick up a scythe and try to get an internship with the grim reaper? >>
"Bear, the wise one, is he." Comrade Yoda