Thank you so much for this. I've been trying to talk to people about some of these things, but people are not willing to listen. The "belt-tightening" that we are facing will not be voluntary. Faith g.
----- Original Message ----- From: T. J. Garland To: Stan Beckner Sent: Thursday, June 26, 2008 9:28 AM Subject: CS>interesting times http://globaleconomicanalysis.blogspot.com/2008/06/peak-credit.html Nippon steel raised their prices 40% on all items 2 weeks ago.. BHP and RIO Tinto(world's largest) just raised iron ore prices 85% this week. Dow Chemical raised everything 20% 3 month's ago and announced yesterday they are raising all products 25% next month. Give all this 90 days to get to the consumer. I have as much authority as the Pope-I just don't have as many people that believe it--George Carlin RIP
