Gotta get up in eight hours. I should be sleeping, but the beer hasn't kicked over my snooze meter yet.
So I am catching up on reading. Looking at the dollar and oil and gold and silver makes me think something is afoot. But what? I haven't a clue.
I think that this is the way that things will be going for a while. It is just the seemingly random removal of stability, a bit at a time. Each loss of stability leads to an increasingly wild ride. At first is seems manageable, but as you keep holding on, the ride becomes more and more wild.
Watch the basics. What do folks think of the dollar? Will anyone keep loaning us money? When will the Fed start printing? Hows the food supply? What is happening with the military?
Pay attention folks, the test is going to be a bitch.
1 comment:
A big outlier is the "robo signer" scandel going on with the mortgage foreclosure industry lawyers.
Various States are piling in, and now the Feds. The securitizaion industry always had a hard time keeping its paperwork straight: but in the past it was more worried about the bond holders getting their money.
There is a lot of money tied up in these bonds.
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