tag:blogger.com,1999:blog-141250755136886280.post1539203467352855595..comments2022-03-16T20:45:05.246-06:00Comments on will kill for kalbi.: Signs of the ApocalypseHannahttp://www.blogger.com/profile/17254762472970143107noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-141250755136886280.post-13169719365353795562006-03-12T14:19:00.000-06:002006-03-12T14:19:00.000-06:00speaking of predictions. i've expanded my are...speaking of predictions. i've expanded my area of expertise. Not only do I predict significant changes to weather, and proclaim them publicly at the farmer's market, I now predict publicly the demise of the US dollar, and hence its economy. What's happening? Later this month, Iran plans to start selling oil for euros, and any other currency it wants to sell it for. Up until this time, oil has only sold for US dollars, except for a very brief period of time by Iraq, just prior to the invasion. (was that the reason for the invasion? could well have been). As it stands, every country has to hold huge reserves of US$ to buy oil with. If they can all buy oil with their own currency, the demand for the dollar will fall.<br><br>According to economists, the us has 3 options: the first will be to do nothing, resulting in the return to the us of all those worthless dollars. Massive deflation will follow, resulting in a depression that will make the 39's look like a picnic. The second option they have is massive inflation. By turning on the printing presses full speed, they could instantly pay off the foreign debts they hold. (about 8 trillion). That, of course, would result in major inflation and high interest rates. interestingly enough, the us fed has announced that later this month it will no longer publish m3 money. That means it won't tell us how much much new money is being printed.<br><br>The third option they have is to invade Iran. And you know that they're already rattling their sabres, under the guise of preventing Iran from developing nuclear power generating capacity.<br><br>So, which will it be? Massive inflation or another invasion? We won't have to wait long to find out.<br><br>Meanwhile, here in Saskatchewan, we've been suffering from heavy snowfall. It's been snowing off and on for the last 2 weeks. I'm getting sick of winter. Oh well, I guess it beats yellow dust or bubonic plague.man between hatshttp://www.blogger.com/profile/11283745849405609983noreply@blogger.com