This kind of fits with the previous post. If shipping is way off - then we would be in a deflationary mode. Too few dollars chasing too many goods. Just as it is with oil right now. They quit manipulating the markets and now there is a flotilla of tankers off our coasts full of crude oil. We are awash in oil. Now they are talking gas at a buck or so a gallon at some point soon.
In some areas, it is under $1.50 and dropping with no clear end in sight (I smell another road trip coming on......):
http://www.gasbuddy.com/GasPriceMap
Here is the latest info on this deflationary warning from a reputable source:
http://www.telegraph.co.uk/finance/economics/12093807/RBS-cries-sell-everything-as-deflationary-crisis-nears.html
This whole 777 prophecy thing may just be the best thing I can hang my hat on yet..... Time, my friends. Time.
You can smell your road trip. I smell major oil companies going into bankruptcy, major job losses, and the chain of goods and services that's tied to said companies will be affected leading to economic destruction.
ReplyDeleteI'm not wanting to see gangs raping and pillaging and the lawlessness that's going to be a result of the economic indicators. It's coming. Not all of the good people will be spared. There's a reason these NDE people tremble and won't talk about this side of the Last Days they've been shown.
And I, for one, don't relish being on a trip somewhere away from my home and supplies anymore.