Thursday, March 03, 2022

Fire at a nuke plant. Just wonderful...

The hits keep coming. A fire at a nuke plant? Just wonderful. The pain from this one ... this war will wreck the economies of the West. I just wonder if we don't look up in a few short years and pin point actions taken now as being the cause of the next world war. Congress critters want Russia oil sanctioned? Just wow. Supposedly the White House is considering it. Expect 5 dollar plus a gallon this summer. Economic activity will tank JUST BECAUSE OF ENERGY COSTS much less other factors. My bet? By winter the Fed will be boosting again to battle deflation, a much harder beast to tame than inflation. We've been long overdue for a correction but the one coming will be massive. Get ready for some serious pain.

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