let the last bubble begin

and now cramer is plugging gold...so this is the begginning of the end for bubbles...once average system joe is scrambling for gold we'll see the last bubble in this bubble triology...a bubbliology...here's cramer on gold...

seed balls

this is cool...from ran's site.  a clandestine way to plant seeds...seed balls of course, who knew:

http://heavypetal.ca/archives/2007/03/how-to-make-seedballs/

a definition is nigh

okay, "nigh" means "near"...in case you were wondering or never knew...or just didn't care but read this blog anyhow....

so it seems the US government is going to save us all from the bad investments of the few and/or the stupid or both. 

What's going to happen?

• If you own a home, it seems your house value will be supported and propped up.  This also helps the govt by soaking up all those dollars out there...this is a case of "dollars dollars everywhere and not a penny to lend...".  The world is awash in us dollars but everyone is clinging to them because of fear.
• the next phase of fear will kick in and people will start scrambling to dump their dollars for gold.  that's where this bubble leads next...'the bubble to end all bubbles' will be a bubble in gold prices.  as investors, small and large, realize the us government is destroying the value of the dollar and in no way can every make good on their debts, there will be a flight to gold...thus driving up prices...
• housing prices will continue to skyrocket, but this time, not because people think they will get rich, but only because the dollar is plummeting.  if you have a 30 year fixed mortgage, you'll be able to pay the house off in full with a few tokens of gold...
• the US will recover, but it will be about 5 to 10 years of recovery.  the 'old-new value based economy' will be based on a gold standard again.  this time leveraged with the efficiency of the Internet.  think gold, PayPal and carbon credits (a whole new market will emerage) all combined...
• the plus of all of this lowering of the American quality of life is...the US will once again be a good value for manufacturing versus other places in the world.  the US will be able to compete with China on labor costs and good manufacturing jobs will start returning to US shores.  while Google is cool, it just doesn't doesn't generate jobs the way manufacturing wire hangers does...

long term, this is good for the average Joe.  this is the point at which the overworked leader (the US) realizes they are past their prime, need help and hand the reins to somebody else...rejoice America, our time is up...maybe now you'll be able to take some of that vacation time...you'll probably stay local on a 'stay-cation' and watch maybe the most exciting thing you've ever seen on your world-wide jaunts...a community developing right around you...

the end is nigh...

I always thought the guys walking around with "the end is nigh" were nuts...(what does 'nigh' even mean?) but guess what folks?

The End is NIGH...

With what is happening in the US Economy and how the US has bungled the management of the world's reserve currency, the end is near for the US dollar as the world reserve currency. How can the rest of the world ever trust the US government again?

So what does this mean for you and me and the average joe six pack?

There is the debate if the end will come in deflationary terms or inflationary..."for twenty points, i'm going to go with inflationary bob..."

Yes, Joe will be paying 20 dollars for his six pack (that's twenty bucks for a six pack of bud...the american...er...belgian beer)

Yes, interest rates are going to skyrocket...

Lock in interest rates now...

Chinese banks buying morgan stanley...

This whole situation is such a joke...who could believe...

more later...what fun!

dollar daze over

the fear we are experiencing now in the financial markets is the fear of not knowing how bad things will get.

I'm thinking this is the end of the dollar. After this calamity...after this display of ineptitude of the highest magnitude on the heals of a flawless display of chinese teamwork at the olympics, who is going to have faith in the dollar as the world's reserve currency ever again? The sun is setting on the dollar...just too bad sunset are suppose to be beautiful..this is just pathetic.

thing is, no where is safe. the harder other economies fall, the more swiftly they will move away from a dollar based world economy. the days of the single world currency are over...

settle in folks...the storm is just getting started...let's look to floridians for motivation...they have some experience with weathering storms...

personal transportation

I'm going to get a folding bike...the bromptons are really nice folding bikes. There is a lot of informaton in the blogosphere regarding all the different types of folding bikes.

I want the freedom to take my bike everywhere, the brompton is small enough when folded to allow me that.

They are really well made.

The are really not cheap...ouch...but much cheaper than a car.