Do predictions of doom and gloom disaster ever come true?
A month ago there were serious questions about whether the US banking system was solvent, but now things look rosy. After another week of banks announcing multi-billion dollar loses, the Dow Jones is still healthily above 12,000. No disaster there.
Then you have the weather. Its called global warming but its fucking cold in Seattle today. This is the worst springtime in the five years I have lived here. In the past 2 months there has been one single day of warm, sunny weather. You know, the weather people call "spring". And now today they are predicting snow.
And dont forget fish. States along the West Coast are getting ready to ban salmon fishing this year. It appears the salmon are gone and no one knows where. If you thought $4/gl was a lot for gasoline, get ready for $50/lb salmon.
Food in general looks bad as well if you are non in the USA. Rice shortages and food riots are breaking out in countries around the globe. Will it lead to famine?
2008 is proving to be an interesting year.
