Thursday, January 29, 2009

What's Going to Happen in the USA and in North Dakota

Here’s what’s about to happen:
  • Stimulus package passes.
  • “We have to DO something” ism takes over
  • Some peace takes place and the markets recover early this year
  • Then inflation begins to steam up….$150 crude
  • Driving the market down
  • The world economy collapses and demand for commodities declines mid 2010 oil back to $35
  • We end up in a deep hole, bad economy, low demand, commodity prices without demand, goodbye good times in North Dakota. Cheap wheat, cheap oil = broke state.

Not until 2017 do we see things start to get well at all.

OH, and all that “Debt” the government is generating that people wonder how it’s going to get paid? Never mind, all major debt is monetized. That means that if you owe a billion, you print enough money until the billion is really fifty bucks, pay it off and viola, presto, gone.

I don’t know how you are going to deal with all this, but I thought you would want to know.

OH, and, This WILL be blamed on the Democrats by 2012. Obama better HOPE a bit of this works or he will duplicate Jimmy Carter’s term in office.

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