Last Gasps

When a thing is about to die, human, animal, plant, thought or system it becomes frightened stresses and usually rallies. It puts on a "Last Gasp". One more something. A try.

A spruce tree under stress and nearly ready to die will put cones on profusely in order to perpetuate itself. People do. Animals do. That Cougar they shot in Chicago did. If cornered any animal will. They have nothing to lose.

So when I see certain actions taking place in the market or in our culture I see them as last gasps. Striking out wildly. Absolute desperation.

Stories like a lawsuit just brought against Ben Stein's movie, Expelled. Like the no Christian policies that are over the top in Schools. A coach fired for bowing his head while a student prays, a student's art project rejected because it had a biblical theme. Last Gasps of an anti Christian worldview in the law. This is getting really stupid. But then cornered critters act pretty stupid sometimes.

Even the price of oil. I hear the wackos saying it's going to $150, 200, 300, 1000 dollars per barrel. Gold similar. NOPE. Last Gasps.

It's mostly the weak dollar. But even the touted housing mortgage crisis is nearly over in impact. The dollar is going to get stronger. There are bottoms to everything. The dollar is not going to be worth 20 cents from what it was in 2005, the current benchmark. It's worth about 78 cents now.

Trees have tops and so do prices. As our economy recovers, and it will, so will our dollar and so the price of commodities including OIL. If our dollar was as strong as it was in 2005, oil would be about $70. If proper economics was in place it would be under $50.

These things all reach a speculative blow off. A Kondratieff expiration. An exhaustion gap. A time when the cycle of that all foolishness comes to an end.

It happens with trees, humans, animals and yes, markets.

Relax, things are going to be OK. When, I don't know. But, 13 Trillion dollars per year is what we as a country churn thru out economy. If the USA were a household we would have an income and outgo of 13 trillion dollars.

When you consider what that means and the stakeholdership of every American you get a grasp on what that all the numbers you see bantered about really really means. It takes a THOUSAND BILLION TO MAKE ONE TRILLION. If you take all the war spending, all the stupid mortgage crisis it's still a small number compared to the whole.

Of course Liberals who don't understand economics will counter my optimism with some so called facts. They aren't facts. They are phony fear based pessimism.