[Homestead] Morning musing
Gene GeRue
genegerue at ruralize.com
Thu Sep 20 17:11:29 EDT 2007
> England had its first bank run in over 100 years. The Dollar is at
> an all
> time low against the Euro at $1.407 and way down against other
> currencies. The Canadian Dollar is almost at par with the US
> Dollar at
> $.9987 Gold is over $745 and oil is just under $82. December corn is
> $3.7125, Soybeans at $9.90 ,and Wheat at $8.53. Middle class wages
> have
> been stagnant since 2000. The total bill for the fiasco in the
> sand could
> easily top $2T.
Okay, how shall we homesteaders respond? Shall we focus on how awful
the future will be, or shall we think about how fortunate we are to
have considered that world events and social conditions are
completely beyond our control and so aren't we fortunate that we saw
all these potentials and prepared ourselves for them and worse?
I say keep informed and be prepared. Spend your time being happy that
you have substantially insulated yourself from the effects of
economic ignorance, political criminality, big business greed and the
inevitable economic balancing that the world must complete.
More information about the Homestead
mailing list