Monday, February 28, 2022

Inflation running at 100% per year

 This is cute.  Cold war, threat of nuclear war, inflation, high interest rates.  Stalled economy.

All from the 70's, including the ice age cycle.  Those who lived through that remember, but the young ones don't.  A quilting thread spool has the old price of $28, and the new price is $50.  Gas will double.

The central banks are still dithering.  Why raise interest rates, if it's the end of the world?

The nice thing about nuclear war is that there's no need to panic, nothing to do.  Unlike the phony climate change.  That sold a lot of newspapers.  So, I will stand and face the blast, it's beautiful.  We old men know that our end could come tomorrow, no need to change anything.

Now comes the Poots endgame.  He has put a starvation seige on Ukraine.  He doesn't want pictures of starving, bloated Ukrainian kids, they look too much like Russians.  If he is the old Poots, then he'll withdraw, saying 'Ha, ha, fooled ya!' and get a destroyed country with no Nato.  All his people are forced to eat beets anyway, so he doesn't care about a season of missed wheat.

If it is 'Trumpcrazy Poots', then it doesn't matter.  Our only hope is a coup.  

The main estimate for the future is a doubling of food prices and a repeat of the 70's.  The good news is that cheap Chinese drones are going for half price.  The Russians were buying them all, and now they have no money.


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