Don’t be lulled into a false sense of security. The way I figure, although it may feel like the eye of the storm, is that we haven’t even made it through the first half of the mutation and eventual evolution of our economic system. Someone much smarter than me once wrote something like, ‘evolution depends on multiple spontaneous mutations’ – debt restructuring, currency devaluation, hyper-inflation, continued deflation, mass job loss, public protests, government takeover of private business, scarcity of goods, rationing, foreclosures, tax protests to name just a few. I think that is what we are likely to see over the coming years. What we are lucky, or unlucky depending upon how you look at it, to be living through is the total evolution of our economy.
The market has been doing very well the past couple of months, but as far as I am concerned the fundamentals still suck. A leap frogging in technology is the only thing I think that has the most remote possibility of rescuing us from the economic mess. I just don’t see it on the horizon, but hey I’m just a regular guy trying to keep my head above water. Twenty years ago who thought that we’d all have a computer. That’s the only type of thing that I think can reverse our destiny. You all can argue how severe the deflation will be and then how severe the subsequent inflation will be.
The President, the Media, the MSNBCers and all the king’s horses and all the king’s men won’t be able to put it back together again. Everything is going to change. What we do for a living is going to change. How we get around. How we grow and get food is going to change. What we expect of our government. How we live together. The things that we’ve grown to value over the past 30 years – play stations, flat screens, SUVs, McMansions, huge vacation homes, easy airfare, tropical fruit in the winter – are going to lose importance.
This is a temporary uptick. We are facing another leg down.
So take this temporary calm time to TCB. Maybe there is dental work that you’ve been putting off. You’ve seen the lists. You know what to do.
Start with Getting Outside Everyday.
Went up to the Pine Tree State this past weekend and saw a bunch of birds. You see those specks in the field? Those are wild turkeys. I’ve never had it, but I heard it’s real gamey. So much so that you need to hang it outside for a few days to season it. Wouldn’ mind giving it a try sometime with some bacon. Bacon makes everything better. Bacon and turkey are a natural combination, where the total is better than the sum of the parts.