Dragging ass this morning. No matter, have to get busy soon.
Since everything is working, I expect to get the other 4 bags of stucco applied today. Not going to be enough for the front of the house. But I can assess how much more I'll need once these are applied. Right now I'm guessing two.
When I go for the stucco I can get matching paint for the rest of the house.
Reason I'm dragging has to do with my gut. Nothing to do with the work I did yesterday. Getting better slowly.
On the political front-
I have been saying another economic crash is coming and the evidence is piling up at an accelerating rate.
Store closures year to date for 2017 are exceeding 2008 by about 50%. For nearly the same reasons. Artificially inflated property values. Rents increasing even on high end properties. More businesses shutting down rather than pay the higher rents.
Home rent costs are also way up. Because of investors buying properties to rent out. In this case, occupancy means nothing, only ownership does. High ownership rates drive up property values, pricing lower income buyers out of the market. This results in them being forced to rent. Competition in the rental market drives up rental costs.
That is causing the homeless rate to increase further. Note that homeless does not necessarily mean on the streets. It means not having a permanent residence. A person can be homeless while living with friends and relatives. Those situations are typically short term and temporary. They are forced to move every few weeks or even days. It is also unsustainable and typically does lead to living on the streets.
Meanwhile, wages still remain stagnant or decreasing. Store closures will accelerate that process.
At the same time all this is happening, there is a new aspect which was not there in 2008. Other countries are investing less and less on the U$D. The U$D is a fiat currency and the value is based on basically what our government claims it is worth. Since we have been in debt for 16 years and that debt keeps increasing, other countries are now skittish on that claimed value. They're dumping the dollar in favor of commodity based currencies.
So I fully expect the dollar to decrease in value drastically very soon. All it will take is one other major country to publicly announce they are dropping the dollar entirely. Most likely that will be China. Many countries and private investors are sinking their money into gold rather than any national currency because the market is too volatile. Gold has risen by $300 an ounce in only a few months. I have no doubt diamonds are also rising but I haven't checked into that. (Diamonds are not quite as popular because value is artificially manipulated by DeBeers and thus less predictable.)
The combined result of all of this is going to be another economic crash. This one is going to make 2008 look like a children's play day. Probably started by the devaluation of the dollar, then housing, then financial markets as a whole. Once again beginning in the US and spreading globally within hours. Many countries have never fully recovered from 2008.
This will result in the US being placed under austerity measures.
There is good news in all of this but it will come after all the above. I'll write about that another time.
Since everything is working, I expect to get the other 4 bags of stucco applied today. Not going to be enough for the front of the house. But I can assess how much more I'll need once these are applied. Right now I'm guessing two.
When I go for the stucco I can get matching paint for the rest of the house.
Reason I'm dragging has to do with my gut. Nothing to do with the work I did yesterday. Getting better slowly.
On the political front-
I have been saying another economic crash is coming and the evidence is piling up at an accelerating rate.
Store closures year to date for 2017 are exceeding 2008 by about 50%. For nearly the same reasons. Artificially inflated property values. Rents increasing even on high end properties. More businesses shutting down rather than pay the higher rents.
Home rent costs are also way up. Because of investors buying properties to rent out. In this case, occupancy means nothing, only ownership does. High ownership rates drive up property values, pricing lower income buyers out of the market. This results in them being forced to rent. Competition in the rental market drives up rental costs.
That is causing the homeless rate to increase further. Note that homeless does not necessarily mean on the streets. It means not having a permanent residence. A person can be homeless while living with friends and relatives. Those situations are typically short term and temporary. They are forced to move every few weeks or even days. It is also unsustainable and typically does lead to living on the streets.
Meanwhile, wages still remain stagnant or decreasing. Store closures will accelerate that process.
At the same time all this is happening, there is a new aspect which was not there in 2008. Other countries are investing less and less on the U$D. The U$D is a fiat currency and the value is based on basically what our government claims it is worth. Since we have been in debt for 16 years and that debt keeps increasing, other countries are now skittish on that claimed value. They're dumping the dollar in favor of commodity based currencies.
So I fully expect the dollar to decrease in value drastically very soon. All it will take is one other major country to publicly announce they are dropping the dollar entirely. Most likely that will be China. Many countries and private investors are sinking their money into gold rather than any national currency because the market is too volatile. Gold has risen by $300 an ounce in only a few months. I have no doubt diamonds are also rising but I haven't checked into that. (Diamonds are not quite as popular because value is artificially manipulated by DeBeers and thus less predictable.)
The combined result of all of this is going to be another economic crash. This one is going to make 2008 look like a children's play day. Probably started by the devaluation of the dollar, then housing, then financial markets as a whole. Once again beginning in the US and spreading globally within hours. Many countries have never fully recovered from 2008.
This will result in the US being placed under austerity measures.
There is good news in all of this but it will come after all the above. I'll write about that another time.
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