Bill Bonner of The Daily Reckoning once again explains the lay of the financial landscape. Don't miss the bonus feature, a rant from the one and only Mogambo Guru, at the end.
And now, for a Public Service Announcement...
Dear Hope-and-Change-oids: Today, as your anointed savior assumes the mantle of the Presidency of the United States, you might want to temper your Hope for Change, because the Change your going to get isn't the one you Hoped for.
End of Public Service Announcement
I see several possible courses for our future, none of them pleasant, yet one of them sure to happen. At the end of them, we will surely find ourselves in a new country. It may have the same name, but it will be as different from the United States that we know as winter is from summer. Whether we like that country can not be seen from our current vantage point.
We are setting forth into an uncharted, untracked, unknown and unknowable area of history. Pray to such God or gods as you may have, lay in your stores as you are able, keep a weather eye on the horizon and watch for the signs.
The particular sign I'm looking for looks something like this:
Not that I expect many people to pay any attention to it. Run and play, Obamanauts.