Economic times, any predictions?
There is alot of talk about this spring's gas prices already, oil going up, food is going up. The unraveling going on in Europe, the potential commercial real estate bubble in the states. Inflation, deflation? Where is this all heading, if anyplace? It is hard to know about such things. I have started taking a number of protective steps such as stocking food and supplies, gasoline, generator etc. What do you think we are looking at in terms of U.S. and world economy? Some big collapse? Another Great Depression? Extended recession? Or nothing special, just more fluctuations and life goes on?
"Some scientists claim that hydrogen, because it is so plentiful, is the basic building block of the universe. I dispute that. I say there is more stupidity than hydrogen, and that is the basic building block of the universe."