I love the blogosphere. Once you figure out who the truth tellers are, it is easy to stay a few steps ahead of the ignorant masses. I’ve been telling people for the last three months that the number of cars and trucks on the road every day has fallen dramatically. I rarely experience traffic jams going home at night. I’ve seen my commute time reduced by 20%. Last week Mish put out some startling gasoline usage data and today Charles Hugh Smith carries the ball across the goal line with a detailed analysis of the phenomenon. I agree with his conclusion. There are less people working and businesses are having less goods delivered. Businesses are slowing down. Consumers are operating on fumes. This debt racked mess of an economy is grinding to a halt. The Baltic Dry Index confirms this conclusion, as it has collapsed. Europe is in full blown crisis and isn’t buying nearly as much crap from China or the U.S.
So there is a silver lining to this devastation. The Administrator has a better commute. I can’t wait for the full blown Depression. I’ll be able to get home from work in 35 minutes.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
How quaintly optimistic. And totally naive. This ain't gonna be the depression of the 20's and 30's. People aren't going to try and sell apples and pencils on the street corner for some kind of income. They are gonna TAKE what they want and need this time. You'll be lucky if you survive what you think will be an idyllic and serene "commute". Maybe if EVERYONE lost their job, he could have the highway all to himself and be in Nirvana, watching ducks fly, birds sing happy songs, and rainbows appear spontaneously in the sky.
ReplyDeletePretty much there... keep working at it. Nothing to see here, folks...
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