Latest
posts have yielded many critiques from the blind
among us, which is one reason that I cut way back on these Free Blogs
earlier in the year.
BUT,
in the interest of defending my very recent posts, here is a response to those
of you who, stated:
“OH
man, everyone knows Detroit
is in trouble, but the rest of the country ain’t that bad!”
And,
second of all, please remember that you (and
the rest of the world) have only experienced the FIRST OF THREE WAVES
of the Super Tsunami Kondratieff Long-Waves!!!
And I talk to people all
over this country every day, and I assure you that the economy is every bit as
bad, and in fact much, worse than I and others think that it is!
However, there are
currently very isolated HotSpots associated with the Bakken Oil Field, Fracking
and reemerging Real Estate mania that will END VERY BADLY in the 2nd
Wave of the Super Tsunami Kondratieff
Long- Waves!!!
And, I clearly predicted
the new RE Mania 3 years ago, that is completely phony, because it is entirely
based on still too high RE prices, and nobody having anywhere to put their
money to work with the FED’s insanely structured ZIRP, except collectable cars
and RE and Stocks!!
Don’t you guys get what
the FED has been doing -- yet?
And, Please, read all my
many earlier posts on this insanely ignited RE phenomena that will only seem to
be a rally in prices, BUT will not be so in inflation adjusted terms,
with the real inflation rate right now raging between 7% to 13% per year and
soon to explode.
And as for Fracking!!
<Mark my words!! This is a huge gamble and a disastrous
environmental nightmare in the making propagated by Greedy Big Oil, which I do address in my paid for
updates, i.e. HINT, HINT --buy water companies and companies that can address
the new wave of huge earthquakes soon to rock this country, and anywhere else
that engages in this totally insane and truly bizarre drilling and extractive
technique that will end many things as we think we knew them!
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