It, and the rest of Europe, are certainly toast. After a twenty-month investigation and doubtless hundreds of thousands of euros spent in the process, its standards board has declared it illegal to claim that water can re-hydrate the parched.
Daily Archives: November 19, 2011
CL&P officials assured Back Country residents last night that they were committed to improving service up there, including installing a new substation. Uh huh. That same company recently rejected a site for just such a substation because it was north of the Parkway “and by far the bulk of our customers live below.” In other words, don’t hold your breath.
Some readers have suggested that the recent surge in sales of big – ticket homes here in Greenwich might be attributable to a desire to protect assets from the coming inflation. Is hyper-inflation on the horizon? Well over at ZeroHedge they played an on-line game sponsored, I kid you not, by the Federal Reserve called “Fed Chairman for the day”. The result? Buy something solid, now.
ZeroHedge plugged in exactly the parameters the fed is currently employing – zero interest – and immediately lost the game because inflation would soar to 38% within 4 years.
Is the Fed right? It often isn’t, but if, by their own estimate, we’re headed for Armageddon in the near future, I wonder why they persist? Stay tuned.