I'm Going to be an A$$hole This AM.......

 I write this as I listen to a Russian cover band out perform Blood Sweat and Tear's. " You Make Me So Very Happy."

But I digress. 

And the ole Govteach ain't very happy..... 

I got to quit looking at the economic charts. Get ready folks, it is about to get bad. 

Already they are talking about 4.2% inflation. If it is being announce at that number, how high is it in reality?  

We are in stagflation, don't care what you call it. High inflation, and no jobs, or wages not keeping up with inflation. 

In Germany diesel is already selling for about $8 a gallon......Austria, closer to $9.  

They are out of petrol, or gasoline in Australia.  And they do not know when they will receive fuel. 

They are rationing fuel in Southeast Asia, Philippines and Pakistan/India. 

In South Korea, you can only drive certain days of the week.  

I don't even want to think what the collapse of the Petrodollar is going to do to the US. Other countries with oil have been using the dollar to buy US securities, bonds to keep the American Government afloat.  

The price of oil may lead to lock-downs. Things like 4 day work weeks, more people working from home. The US Post Office is adding a fuel charge to packages that you ship.  Don't be shocked if at some point we go back to remote schools to save fuel. 

They are talking about food shortages, mainly due to a large amount of fertilizer product not being shipped out of the Persian Gulf.  Also, the cost to grow and transport will increase. And expect shortages. 

I speculated last night about where this might lead, and  I cannot seem to see anything good coming in economics in the next weeks, months, years.....I can even see UBI coming out of this situation.  Conspiracy and preppers are already saying that we need to be "Aware of forced energy lockdowns in America." " That COVID was just a practice run."

Going to say this, and take it for what it is worth....If there is something you want, or really need, you might want to get it now..... 

And to quote an old Chinese saying....

" May you live in interesting times." 

Man, I did not want it this interesting.... If you are a praying sort of person, you may want to start praying extra hard.

And BTW, I didn't go total "Debbie Downer"( And my Deborah is not a downer, many of you know her) in this blog. I've been looking at economic charts and models and well, I am sort of holding back in this blog, it ain't looking good for any economy.