Young ones 6 and 9. Out today so they took turns with me every truck load. They enjoyed the countryside, dust, other farmers in field, old graineries, just a great day trucking with the family today. 6 year old we drop one truck infield run to other one drive it home and pulling up to swing auger beside bin she says oh now we put it in there. The 9 year old girl wants me to explain how the auger pumps.the grain into the bin. I saidI can show you tomorrow when its daylight. My grain sampler is made from a golf club iron. End cutnoff and a thing stuck in with a small tin can to catch the sample. Ok the tin can is actually wore all to shit. I explained the parts of this sampler to the nine year old. So on the off trip she was in house with her mom found and ate a small tin of fruit. Washed it. Then showed it to me thinkingnthis we can use to replace the old one. That is another morning job. Fun fun. Being safe.
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fun farming when the occational time the kids come along
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[URL="http://www.reuters.com/article/2014/10/10/banks-regulations-collapse-idUSL2N0S52LK20141010"]U.S. and UK to test big bank collapse in joint model run[/URL]
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They have no choice they have to recap the banks visa ve qe.
We cant take the medicine or it will kill us.
There is no way out.
When this all over alot of people are going to loose alot of money.
God i hope i'm wrong.
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Cotton, how have you managed your assets to help mitigate some of the risk. You have any mutual funds or cash deposits? Or are you talking overall severe deflation of all assets; paper, stocks, cash, land , metals?
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So what do you think of this comment?
"Deflation actually increases the value of the frugals savings. Governments hate deflation as it allows the debts to be repaid with stronger dollars. They need inflation to hurt the saver."
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I certainly don't have the smarts nor the broad base of knowledge and experience in the field of economic theory to even understand what is going on or much less predict what will happen next. I do think there is a huge shift happening globally in what had been the status-quo for the last 60 years. In the developed world, the rich are getting richer, the poor are getting poorer and the middle class is treading water. Meanwhile, in the developing world, the rich are getting richer, the middle class is getting bigger, and the poor are still poor. But sitting here in the catbird seat I'm reminded of some advice given to me a long time ago and it goes like this:
If you and a pal are hiking in the mountains and you encounter an angry charging grizzly bear, remember, you don't have to outrun the bear - just your pal.
Happy thanksgiving everyone!
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