Loans to owners of factories and commercial establishments have bottomed and are rising once again. That’s the good news.
The bad news? During past recessions the economy began reviving long before business loans did. These loans were a confirmation of past recoveries, not a cause or trigger or facilitator.
We’re letting technology get way out of hand. And, much sooner than you think, it’s going to create havoc on a global scale.
Hundreds have asked me if I own gold. Yes I do but these three investments pay more than gold, making them an exceptional opportunity.
Why is food taking such a big bite out of our wallets? Less acreage available for food production and improving diets in emerging countries are a big part of it. But the biggest reason is the rising price of oil. It’s simple, says the article below from the Globe and Mail,
Grain gained 89% this past year. And it’s not done yet. Blame ethanol. 40% of grain production is siphoned off to make this government-subsidized fuel. We should take away the subsidy and import our ethanol from Brazil, where the prices are much cheaper. That would also help stabilize meat prices. From Bloomberg
Sushi from Japan, anybody? If it tingles on the tongue, don’t ask why. You don’t want to know. It seems to be going from bad to worse in Japan. From devastating infrastructure impairment to partial meltdowns to radioactive spinach and water…where does it end? Japan will come back, just as it came
Why has food prices soared? Bad weather, flooding, droughts and fire. Sounds like ancient Egypt, doesn’t it?
Let’s forget the US and Europe because…let’s face it…it’s Chinese demand that is mostly driving commodity prices up.
