24 Months

 Okay, here is the first of economic blogs I plan to write over the next few weeks. 

Last night, the change in Virginia and possible change in New Jersey in the governor's office is proof in poor economic times "People vote with their pocketbooks."

I really sat up and took notice because two things happened yesterday.

1. The Paris wheat market was the highest.....ever. 

2. The government of China told their people to stock up on food for the long winter due to possible shortages due to transportation troubles. 

It makes you wonder.

In Sept. China told their "buyers" to buy all the energy they can. (Oil, coal, natural gas, etc.)  It's why gasoline is priced the way it is now. People we are a worldwide economy now. I've told you this for years.

Zillow got out of the "House Flipping" market yesterday and laid off 25% of their workforce. They have 7000 homes they can't move, worth $750 million dollars. They are trying to liquidate the homes. 

I live on one the  "grain moving" rail lines in the world.....The trains are not bring grain down to be shipped like they are during this time of the year in the past. ( There are some...)

Yes, the Texas real estate market is hot, but how long before the slow market filters to Texas due to other concerns in the economy?   

I wonder if this is like 2006? It took 24 months for the economic recession of 2008 to happen.....A slow spiral.

Just somethings to think about this morning....