“Prime Minister Putin, less then two months ago, warned Obama and UK’s Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our “wise” Anglo-Saxon fools find out the folly of their own pride.”
VERY IMPRESSIVE ARTICLE, and with credibility that cannot be matched.
It is sad...but the markets are just now figuring out that WE CANNOT REPAY OUR DEBT, and the first place that’s showing up is in the dollar, which is accounting for most of the increase in gas prices.
But it will GET MUCH WORSE, apparently very soon. All I can say is that if you have cash, or even access to relatively low (and fixed) interest credit...by all means spend it now, while it still has some value. We’ll be lucky to to make it a year before everything we need skyrockets in price.
But we will also get our socialized healthcare, carbon caps, and now a VAT.
Not if we put an end to this crap NOW.
I've been spending excess cash on stuff I had planned to buy in the future. (Yeah, I know, lucky I have cash but I was hoping to pass it on to my now-grown kids in the future, looks like they'll get other stuff instead.) Been buying stuff that's useful and can be bartered, like welding equipment and metal-working and wood-working tools. Later, if I can't buy what I need I can build it, or build it for someone else in trade. Of course I'm stockpiling the other essentials.