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THE WORLD IS COMING TO AN END!!

The doom sayers have been saying that now since 1914. No doubt that is true. It will end some year. No one on this Earth knows when, so just enjoy what little time that you have left.

My shtick is "DEPRESSION IS COMING!!". I think I am closer to the truth.

Depression News

The best definition of a financial depression is a period when supply overwhelms demand, resulting in falling prices, unemployment problems, and economic contraction.

Investopedia explains 'Great Depression'

The NYSE crashed on October 24, 1929, a day known as Black Thursday. Thousands of people lost nearly the entire value of their investments, leaving them with next to nothing. The trend continued and the following Tuesday, Black Tuesday, the DJIA dropped 12%, marking the start of the great depression. International trade declined, along with personal income, tax revenues and product prices.

Many economists believed the Great Depression was evidence that capitalism, when left unchecked, is a dangerous ideology.

This caused some nations to change their political structures, such as Germany, who adopted fascism.

Read more:

http://www.investopedia.com/terms/g/great_depression.asp#ixzz1lo6dD63E


Indications of a depression will be a 12% drop in the stock market combined with a high rate of inflation. People will be purchasing gold as a hedge against the inflation, so watch the price of gold closely.

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"Depression is coming". Half of Europe is mired in a recession with 20+% unemployment and 30+% poverty but keeps limping along from one financial crisis to the next.

The United States is so far in debt that it could not handle a recession, not alone a depression, but again keeps limping along from one financial crisis to the next.


Tuesday, February 28, 2012

Fuel Mileage in the Trucking Industry

The good news is that the financial rescue package for Greece is being finalized and should be passed this week. The loan will allow the Greek government to avoid the immediate default on its financial obligations. The bad news is that the cuts the Greek government made in its budget will serve to drive the Greek economy further into recession. The good news is that other European countries are also working on austerity budgets to bring down their debt. The bad news is that no one in Europe is doing anything to bring these countries out of recession, which is what is causing the debt problems The good news in the US is that unemployment dropped some more. The bad news in the US is the price of gas increased some more. The good news is that the politicians now recognize the effect that the gas price increase has on the American public. The bad news is that no politician has a workable solution to the problem. The government's solution to the problem is to increase the fuel mileage of cars, which get 28 MPG. The problem is that is open road mileage. The majority of automobiles is driven in the city and gets maybe, two-thirds of that mileage. Another problem that is not being addressed is Over-The-Road semi-trucks. These trucks get six and a half miles per gallon. The last thing done to increase efficiency of the trucks was to put a deflector over the cab to deflect air over the trailer. That was adopted back in the 80s. Meanwhile the railroads have been working continually to increase the efficiencies of both their practices and equipment. Perhaps the trucking industry should look at the railroad industry and try to adopt some of their technology. If mileage on these trucks could be improved to ten miles per gallon, a million gallons of fuel a day would be saved. Someone had better do something because: Depression is coming.
Posted by at 4:11 PM
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