Who knows how it will shake out. Soon as we get some extra loot I am going to put away all my cans full of road diesel and gas with fuel stabilizer. Offroad diesel we store at the farm, I can use all of that I need, he buys it by the thousands of gallons at a time level, gets put into his own tanker truck. Not sure what it holds other than "a lot".
Right now, I have too many empty 5 gallon cans but ain't got the spare scratch to fill them. My truck is full and her laydyship's olds is full. I do have some put away in cans, but not much now, hmm, just a few gallons.
As to his other predictions..we'll see. He seems to get the overall crude oil price close, not sure on his other stuff. Like a lot of people think, dang, I wish he would just get to the point, he can milk out a long show with five minutes of predictions.
As to the US falling apart, sure, I'll predict that myself. And a war with china or close enough is highly possible once they hit the point they have to expand their population out of the country and go were the resources are. I analyzed that years ago and give it within the 2012 to 2014 time frame, based on demographics and global demand for raw resources.
And this is why China is building a "blue water" navy as fast as they can, along with other advanced weapon systems. They fully expect to be able to back down the US at some point, and I think they will achieve that goal readily.
I got no idea why the military analysts, the pros who publish, either can't see this, or don't want to go public with it, but it is a very simple geopolitical extrapolation. It took me..lemme think..no more than a couple weeks researching a little every evening some years ago to get to that conclusion. Numbers just don't lie, china needs to go expansionist or implode, and the fatcats ain't liking that internal implosion deal, so they will expand.
They got no choice or the fatcats there will suffer what the arab fatcats are getting hit with now. They *need* access in the next few years to just about all the global ..well, stuff. Resources, metals, extra food, fresh water, all of it. Every possible scrap they can get, just to feed their economy. They'll have to start exporting their population by the millions just to keep what is left in their nation from going bonkers and rioting. They done *run out* of freshwater already, just for starters. They just ain't got enough.
There is no possible way under the sun our USA economy, and therefore the union/nation can survive with all this alleged debt and with manufacturing destroyed, mining destroyed, ag about to be destroyed, forestry destroyed..on and on. Government "work" doesn't create wealth, and printing up pieces of paper for benefits and pensions doesn't create wealth either, and a "service" economy is a joke beyond a small tourist town level. And wall street casino gambling with derivatives and so on doesn't create a real copper penny worth of wealth, it just strips wealth out of the economy.
So we got a triple whamy against us. All the real wealth producing jobs are vanishing, at the same time this so called "debt" is increasing, and foreigners are increasingly reluctant to keep buying rebadged IOUs.
We are in so called debt for three generations out now and counting. This obviously can't be met other than through hyper inflation or collapse and default, either one of which will destroy the union.
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