Oil prices haven't really gone up significantly, but gasoline prices are once again climbing. I've lost track of how many cargo ships can't enter port to be unloaded, gold is still more expensive than platinum; and yet we continue "business as usual." How much longer will the house of cards we call the American economy continue to stand?
Actually, our economy which is based upon perpetual motion could be collapsed possibly months before the ripple effect stops. There's been so much borrowing and kicking the can down the road, we may not recognize an actual collapse, even if it were to be sudden. Many would just presume it to be another glitch or bump, until pandemonium ensues. According to an article in the Wall Street Journal, the price of beef will continue to increase. Although the article was written in November, it is stated the increase will be passed on over several months at the grocery store. The link is included below.
America has placed ourselves in a very precarious position of global dependency, then out priced ourselves to each other with strikes looming at the refineries and the docks. The price of livestock on the hoof is higher than I've seen it since I began homesteading. The cost of grain and hay are at some significant lows due to bumper harvests and multiple cuttings. The cost correlation really isn't making any sense for a stable recovery.
This time, the American economy will not collapse with the closing of banks. Control and rationing of food and health care will enslave all those who are dependent. So much is already in place, the next economic collapse may actually look like complete care and provision . . .
http://www.cbsnews.com/news/largest-nationwide-oil-refinery-strike-in-30-years-expands/
http://gizmodo.com/why-are-these-massive-cargo-ships-trapped-at-29-u-s-po-1686637422
http://www.wsj.com/articles/cow-prices-jump-over-the-moon-1415302201
Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts
Sunday, February 22, 2015
Sunday, February 15, 2015
Economic Imbalance
For the most part, the other 1% doesn't invest much in Stock Market, Bonds, or precious metals, but we do watch them. The stock market is manipulated and bonds are government controlled, but when precious metals get out of balance, I know fear and manipulation are contributing to the imbalance. Whether it's manipulation to cause the fear or fear driving the buying or selling, the love of money and fear are a toxic combination for an economy already in critical condition.
Not to beat this dead horse, but it seems the news of disgraced anchorman, Brian Williams, should alert us all to the fact, we may not be hearing the truth and it may be several years before the actual facts are discovered or made known. We know the Wall Street fat cats will manipulate and take a raise with taxpayer bailout money. We also know the reputation of Washington politicians. The integrity of mainstream media has been questioned years before Mr. Williams gave confirmation to our doubt.
The bottom line is, the dollar is in trouble. The Federal Reserve has just printed too many. I did take the time to notice the newer $5, $10, $20, and $50 has an eerie colorization similar to MONOPOLY. The five has a pinkish background behind the oversized Lincoln face. The ten is yellowish, the twenty - green, and the fifty has a bluish background in a patriotic motif, but the correlation between currency and game money is oddly recognizable. With the dollar in trouble, while oil has devalued, is significant. The OPEC nations can't pump oil like the Feds can run the printing press!
The stock market is absolutely manipulated beyond recognition, so it is rather irrelevant in the equation at this point. I think we're at the point of paying interest on the interest of national debt and bonds. I've looked at some real estate, and once again the prices are incongruent with an actual market, while the real estate market seems to be nearly flooded with commercial property . . . That is an indicator that independent businesses are not surviving the so called "recovery." Precious metals and land are not commensurate in dollar value at this time.
With irregularity amidst the metals as well as inconsistency in real estate, we may discover this "economic recovery" is more political rhetoric and headlines, than actuality and bottom line.
Not to beat this dead horse, but it seems the news of disgraced anchorman, Brian Williams, should alert us all to the fact, we may not be hearing the truth and it may be several years before the actual facts are discovered or made known. We know the Wall Street fat cats will manipulate and take a raise with taxpayer bailout money. We also know the reputation of Washington politicians. The integrity of mainstream media has been questioned years before Mr. Williams gave confirmation to our doubt.
The bottom line is, the dollar is in trouble. The Federal Reserve has just printed too many. I did take the time to notice the newer $5, $10, $20, and $50 has an eerie colorization similar to MONOPOLY. The five has a pinkish background behind the oversized Lincoln face. The ten is yellowish, the twenty - green, and the fifty has a bluish background in a patriotic motif, but the correlation between currency and game money is oddly recognizable. With the dollar in trouble, while oil has devalued, is significant. The OPEC nations can't pump oil like the Feds can run the printing press!
The stock market is absolutely manipulated beyond recognition, so it is rather irrelevant in the equation at this point. I think we're at the point of paying interest on the interest of national debt and bonds. I've looked at some real estate, and once again the prices are incongruent with an actual market, while the real estate market seems to be nearly flooded with commercial property . . . That is an indicator that independent businesses are not surviving the so called "recovery." Precious metals and land are not commensurate in dollar value at this time.
With irregularity amidst the metals as well as inconsistency in real estate, we may discover this "economic recovery" is more political rhetoric and headlines, than actuality and bottom line.
Sunday, December 21, 2014
The Cost of Living
With the price of oil plummeting, I'm expecting to see other costs destabilize. At this point and time, I'm not even sure what that really means or could possibly entail, but without the gold or silver standard, and so many global currencies; oil is really the global standard. If the American dollar now has more buying power regarding a barrel of oil, I think that usually means deflation or inflation is coming. I think both are on the horizon. Economy experts have forecasted an improved 2015 for America's economy, but much of that is based upon oil and gas, while the price of oil has dropped dramatically.
I believe we're going to see another drop in the value of tangible assets, or at least the selling power of them and I think we're going to see an increase in the cost of living. The Great Repression of 2008 brought about a real change in the economic climate of this country, with a severe drop in the standard of living for the Middle Class. In going back to campaign rhetoric of our current leader, he frequently used the term "working class" in reference to what used to be the Middle Class.
In recent conversations, I've experienced not sticker shock, but what I would call "Cost of Living Shock." I truly had not realized how far out of the economic loop this homesteading lifestyle had taken me. My daughter started it, last year when we were talking about her sister's move. I had said something about them being here for a month and giving me $200.00. My daughter just looked at me over her wine glass and asked, "Two hundred dollars, what's that even begin to cover?" I then stopped and thought about how much my kids talk about their cost of living, especially the one who had given $200.00 . . . so I certainly quit feeling guilty for having taken almost enough money to cover the cost of my internet overage through their stay. I have now heard others speak of their income, their monthly expenses, and in many cases, their continued need for assistance.
Obviously, some of the cost of living has to do with money management. I choose to be frugal to a point, but really, I buy what I need and usually what I want. I just don't require a lot of high tech gadgetry and I still prefer investments to just purchases. I don't know that I'll be here in 40 years, but if America is still in business, some of the things I've implemented here in Goshen could still be operational and of course, much of the homesteading lifestyle is perpetual. As others describe their income, I'm shocked. I've been out of the mainstream workforce for so long, I had no idea people actually complained about the level of income I'm hearing about. I can't imagine how they find a way to be broke with that much income!
Our economy did not recover and it's shaky. We can't keep mismanaging our income and expect G-d, government, or charity to continue to provide. Wealth does not begin in the wallet, it begins in the way we think and manage.
I believe we're going to see another drop in the value of tangible assets, or at least the selling power of them and I think we're going to see an increase in the cost of living. The Great Repression of 2008 brought about a real change in the economic climate of this country, with a severe drop in the standard of living for the Middle Class. In going back to campaign rhetoric of our current leader, he frequently used the term "working class" in reference to what used to be the Middle Class.
In recent conversations, I've experienced not sticker shock, but what I would call "Cost of Living Shock." I truly had not realized how far out of the economic loop this homesteading lifestyle had taken me. My daughter started it, last year when we were talking about her sister's move. I had said something about them being here for a month and giving me $200.00. My daughter just looked at me over her wine glass and asked, "Two hundred dollars, what's that even begin to cover?" I then stopped and thought about how much my kids talk about their cost of living, especially the one who had given $200.00 . . . so I certainly quit feeling guilty for having taken almost enough money to cover the cost of my internet overage through their stay. I have now heard others speak of their income, their monthly expenses, and in many cases, their continued need for assistance.
Obviously, some of the cost of living has to do with money management. I choose to be frugal to a point, but really, I buy what I need and usually what I want. I just don't require a lot of high tech gadgetry and I still prefer investments to just purchases. I don't know that I'll be here in 40 years, but if America is still in business, some of the things I've implemented here in Goshen could still be operational and of course, much of the homesteading lifestyle is perpetual. As others describe their income, I'm shocked. I've been out of the mainstream workforce for so long, I had no idea people actually complained about the level of income I'm hearing about. I can't imagine how they find a way to be broke with that much income!
Our economy did not recover and it's shaky. We can't keep mismanaging our income and expect G-d, government, or charity to continue to provide. Wealth does not begin in the wallet, it begins in the way we think and manage.
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