November 10

well, let's see, pick whatever prediction you want below about the next year or so and beyond:

--this morning had some note as two of my sites about something really coming to test Obama in the first 6 months of his presidency; not just from Biden, from some foreign leaders and international intelligence chatter .... wonderful news. then again there's some feeling thatsomething might happen during the Election and Obama's inauguration.

Economic/Financial situation:
--Deflationary recession/depression;
--Inflationary probably Hyperinflationary economic contraction/recession/depression;
--Bailouts for 3 US automakers to be a "bridge loan" until the economy improves in the next year so before the end of 2009 people will be buying cars again;
--Contraction/Recession will last 12-18 months; roubini says this as well as others so does that mean it started in jan 2008 or started Fall 2008. that 6-8 months makes a difference to how people plan or think about it;
--After the severe recession--most blogs I read at least say we'll have at least 12 months of severity, more sever than anything in the post-WW2 era--there will be the oppotunity of a lifetime to buy stocks and equities;
--Or the severe recession after a year or so will morph into a depression, Depression 2.0 or Greater Depression depending on your point of view;
--Or at what would be the beginning of an upswing in the economoy, oil depletion on the downside of peak oil will be setting in and there will be NO upswing ever again for industrial society.
--If there's any kind of growth, due to the oil shortages, depletion rates and no if any new oil projects of ANY kind, it will be so very small it'll be negligible;
--After the recession will just come the Long Depression;
--Reduction to subsistence farming, rudimentary technology, real poverty everwhere in the world so that the world will be a much bigger place than it is now;
--You could also add in, madness, depression and suicide for many people facing the decline in their lives; disease possibilities ; starvation; great homelessness for many; more violence probably and just freaking out all the time.
--Public services, police, fire, emergency personnel will dwindle as local entities have no more money to spend on public services.
--then of course, there's climate change and how fast it's coming and when it will effect food supplies and what will it do to the weather in North America when there is no more ice at all at the North Pole anytime of year?????????????
--this of course doesn't cover the lack of electricty in southern Arizona where people will just go totally insane and kill each other and themselves over the crushing heat we get here ...

--I don't understand why some economists, financiers/bloggers prediction inflation and other prediction deflation ....
--If the US defaults, does that mean everything in our bank accounts dissapears like it never existed ....
--do I really need to get a new regrigerator since they might stop making them .... I could really use a new refrigerator--it almost freezes everything put into it! it's pretty old ...

Makes me wonder why I should pay my bills and keep going .. but I'm so curious to see how it all plays out! ;)

I stopped at Linen's N Things and Merwyn's today to see what stuff was available; they are both going out of business and big signs hang outside about liquidation sales. didnt' buy anything--I don't need anything but I think about putting stuff away for the future constantly and I wonder what people will do for Christmas shopping next year. I wondered that last hear at this time, too. :/

Circuit city doesn't have any signs up yet but the Phoenix stores are all being closed for good.

It's creepy to think how many other's may be going to be in the same situation even before Christmas/end of Year this year. :(

It's been 8 weeks since the mid-September stuff started and just about that long until the end of the year.

On a higher note: 70s weather is here and the cats are all doing well and so am I.

cheers,
Shamba