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Old 31st Aug 2013, 22:55
  #873 (permalink)  
racedo
 
Join Date: Nov 2008
Location: Exit stage right.
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Back to cokecan's comment - such a nutritious drink.

If you like 'bimbo' news, watch Fox or CNN.

I Write: Following the Kondratiev Long Wave economic cycle. The bottom of the depression should be 2014, or 2015.
The last depression in the 1930's, bottomed out in 1934. This was when the work on the two Cunard Queens, stopped.

During the period of the bottom of the depression, the public have no desire or appetite for war. There is no money for a war. I expect this to be reflected in Congress. With another no.

IMHO, I expect a quiet and poor period for five years, until 2019, when things start to hot up.
Around the time US is estimated to be in a position not to need to import foreign Oil if it doesn't want it.

Now if you take US out of foreign oil purchases and Russia supplying Europe then whom is going to fund the welfare programs in the Middles East so beloved of a number of nations ?
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