Wednesday, December 17, 2008

Kapital

I'm in the middle of reading Kapital...

Nothing better than Socialist reading material when in the middle of an economic collapse... I think Marx was a better philosopher than economist.
So, one reason I'm optimistic about the economy, was the Dollar, which up until a few weeks ago was doing quite well,(cutest girl from the singles ward, kind of thing) and yet... in the past few weeks we have seen what is a death spiral move. Now I was hopeful that the reversal had been severe, which reflected... good things, yet here we are and the counter correction has been just as severe.

my biggest concern is how much instability it shows. The way I read economics, we need stability... this is not so much stability. Just to let you know back in july that was the dollar with $150 oil. Oil prices are $45 here, but in the rest of the world they are more like $30 right now.

Lets just hope this is just a correction..... Cause I'm with Kudlow on this, " you can't weaken your currency into prosperity."

Real housewives of Orange county, or real housewives of Atlanta... makes me want to slit my wrists.

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