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Post by walnut on Oct 2, 2022 19:46:10 GMT
Ours is also mainly oak-hickory, quite a few cedars, ash and a few others mixed in. We had an ocean of white oaks but they were mostly cut down for whiskey barrels in the 19th century.Same story in our parts. The old-growth white oaks on the back twenty on our place are still there because (family story) My grandfather refused to sell them to the whiskey barrel makers. Reasons? Well ... he was a devout Southern Baptist and dead set against drinking. BUT, he was also Celtic, and the oak grove was sacred space to the ancient Celts. Now that is a stretch to invoke a genetic(??) ancestral resonance(??). He probably just liked the trees. But that may be the same thing carried across generations. None the less, they are still there ... and it is my job to ensure that they stay there for as long as I can. Your place sounds like the sort of land that I like MoBoy. |
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Post by glennkoks on Oct 3, 2022 3:56:21 GMT
Maple, Ash, some Oak and Cherry, Lots of birch and beech. Ours is also mainly oak-hickory, quite a few cedars, ash and a few others mixed in. We had an ocean of white oaks but many were cut down (many for whiskey barrels in the 19th century). At least the white oaks were not wasted... |
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Post by walnut on Oct 3, 2022 4:22:13 GMT
The world is on depression watch this week. Self-administered euthanasia.
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Post by missouriboy on Oct 3, 2022 7:41:35 GMT
The world is on depression watch this week. Self-administered eurthanasia. |
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Post by code on Oct 6, 2022 3:32:33 GMT
IMF-World Bank meetings are the last stop before a coming economic storm
By Lawrence H. Summers and Masood Ahmed
October 5, 2022 at 6:01 p.m. EDT
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Post by glennkoks on Oct 6, 2022 14:36:36 GMT
IMF-World Bank meetings are the last stop before a coming economic storm
By Lawrence H. Summers and Masood Ahmed
October 5, 2022 at 6:01 p.m. EDT
I think the storm is here and the time to prepare is growing short… |
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Post by missouriboy on Oct 6, 2022 15:33:19 GMT
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Post by missouriboy on Oct 6, 2022 15:49:44 GMT
IMF-World Bank meetings are the last stop before a coming economic storm
By Lawrence H. Summers and Masood Ahmed
October 5, 2022 at 6:01 p.m. EDT
Is this another one of those "flood it with money" approaches? While at the same time demanding a decline in traditional energy production to fight the ghost of climate change. Like it or not, food production and current economics run on energy. It's the old Alaskan bumper sticker come to life. "Let the bastards freeze in the dark". We can now add "and starve" after freeze. There are a whole bunch of Ph.Ds that should contemplate their World View while swinging a pick-axe. |
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Post by glennkoks on Oct 7, 2022 20:07:28 GMT
Rough couple of days. We got really good news, it seems unemployment dropped. Except in the economic world we live in good news is bad news, up is down and down is up. The market dropped like a rock today fearing another 75 basis point rate increase from the Fed.
So it seems the Fed has to kill either inflation or the economy. And the economy is going to be the sacrificial lamb. Hang on...
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Post by Sigurdur on Oct 9, 2022 18:44:46 GMT
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Post by walnut on Oct 9, 2022 19:27:16 GMT
Rough couple of days. We got really good news, it seems unemployment dropped. Except in the economic world we live in good news is bad news, up is down and down is up. The market dropped like a rock today fearing another 75 basis point rate increase from the Fed. So it seems the Fed has to kill either inflation or the economy. And the economy is going to be the sacrificial lamb. Hang on... Bad fiscal and monetary policy has gotten us to the point that the current stated goal is to hurt the economy. Powell said so in plain English. They know that 80's level interest rates would be the end of the world for the USA, we couldn't afford even one month of that kind of interest. So rising rates must be immediately stopped at any cost. |
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Post by glennkoks on Oct 9, 2022 20:28:01 GMT
Rough couple of days. We got really good news, it seems unemployment dropped. Except in the economic world we live in good news is bad news, up is down and down is up. The market dropped like a rock today fearing another 75 basis point rate increase from the Fed. So it seems the Fed has to kill either inflation or the economy. And the economy is going to be the sacrificial lamb. Hang on... Bad fiscal and monetary policy has gotten us to the point that the current stated goal is to hurt the economy. Powell said so in plain English. They know that 80's level interest rates would be the end of the world for the USA, we couldn't afford even one month of that kind of interest. So rising rates must be immediately stopped at any cost. Walnut, it's a death spiral. If the Fed does not raise rates inflation kills us quick. Weimar Republic kind of quick. If we raise rates we go into recession/depression. I don't know what it was like to live in Germany during the hyperinflation they experienced during the Weimar Republic. But I do know, thanks to my father what it was like to endure The Great Depression in Chicago in the 1930's. My guess is recession/depression would be better than Weimar Republic hyperinflation. I think that is Jerome Powell's thinking as well. I've said all along that this was going to be at least as bad as the 1970's. My thinking now is it may be worse. |
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Post by nonentropic on Oct 10, 2022 2:53:10 GMT
We have the same issue here in NZ.
The Prime Minister was heard to say a few weeks ago that if the interest rate pressures get to hard they will do a stimulus package. To me the IQ test is now complete for her.
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Post by walnut on Oct 10, 2022 3:36:09 GMT
We have the same issue here in NZ. The Prime Minister was heard to say a few weeks ago that if the interest rate pressures get to hard they will do a stimulus package. To me the IQ test is now complete for her. I dislike her very much... |
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Post by glennkoks on Oct 11, 2022 12:36:43 GMT
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