In all honesty snowmobiling is the least of our problems but what the hell, run em' til the gas pumps go dry!
Since QE2 was brought up; the US dollars collapsing as we speak. China has purchased oil and mineral reserve rights all over the World, especially and most recently in Western hemisphere Countries of Canada, Mexico, Brazil, and Venezuela (run a search for PetroChina, CNOOC or Sinopec). Interest rates are already starting to tick up and will accelerate their climb because no one is going to continue risking their real labor and real resources in exchange for US debt when they are competing against an entity that is creating money out of thin air. We (The US) are competing with a Country that we owe an exorbitant amount of money to, who produces almost everything we consume, and has a majority of the World's natural resources under contract. Then there's all the tech and services we've outsourced to India and their growing demand for oil. Add in all the illegals in this Country taking jobs, consuming medical care and driving up costs to individual\companies paying insurance premiums, and the strain on law enforcement\prisons and things begin to look pretty bleak.
What won't work is more stimulus. WWII took us out of the Great Depression by gov't borrowing for the War. That money went to US private companies who built war products here in the US. That money stayed in the Country. After the war, the rest of the producing World was decimated and the US had the only real manufacturing base in the World and war production was quickly replaced by domestic manufacturing.
Today we produce almost nothing here and between oil and consumables gov't stimulus ends up across the border or overseas with in the first couple transactions. We end up with more debt and nothing to show for it, just like a drunk drinking away his welfare check.
Any suggestions other than holing up in a cabin in the middle of nowhere and living off the land in for the next twenty years?
Since QE2 was brought up; the US dollars collapsing as we speak. China has purchased oil and mineral reserve rights all over the World, especially and most recently in Western hemisphere Countries of Canada, Mexico, Brazil, and Venezuela (run a search for PetroChina, CNOOC or Sinopec). Interest rates are already starting to tick up and will accelerate their climb because no one is going to continue risking their real labor and real resources in exchange for US debt when they are competing against an entity that is creating money out of thin air. We (The US) are competing with a Country that we owe an exorbitant amount of money to, who produces almost everything we consume, and has a majority of the World's natural resources under contract. Then there's all the tech and services we've outsourced to India and their growing demand for oil. Add in all the illegals in this Country taking jobs, consuming medical care and driving up costs to individual\companies paying insurance premiums, and the strain on law enforcement\prisons and things begin to look pretty bleak.
What won't work is more stimulus. WWII took us out of the Great Depression by gov't borrowing for the War. That money went to US private companies who built war products here in the US. That money stayed in the Country. After the war, the rest of the producing World was decimated and the US had the only real manufacturing base in the World and war production was quickly replaced by domestic manufacturing.
Today we produce almost nothing here and between oil and consumables gov't stimulus ends up across the border or overseas with in the first couple transactions. We end up with more debt and nothing to show for it, just like a drunk drinking away his welfare check.
Any suggestions other than holing up in a cabin in the middle of nowhere and living off the land in for the next twenty years?
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went from twice a week to twice a year that suckssss
