End of The Runway and not enough power to lift off

[Klause]

Our economy.


Now what? Resources are in the capper world wide demand in the capper again. Interest rates at 0 or near that.


How do you make the economy go? We got ourselves into a huge mess with only one way out and that way will leave much blood in the streets.

[pourfarmer]

Guaranteed minimum income

[grrrr]

My thoughts on our future have never been more pessimistic as they are now. The next few months will set the stage as to what is to come. I fear for our children and grandchildren. The seeds are being planted and there will be no turning back. A generation from now, things will look so different.

[hobbyfrmr]

A have a friend who always says , "'the best time to buy is when there is blood on the streets."
I never really know when that is. Plenty of people I know say they get great deals, buy stuff like snowmobiles, enclosed trailers and pontoon boats for 15 cents on the dollar. I cant seem to stumble over these kinds of opportunities. Possibly in the near future I guess.

[agchat]

I know where your coming from hobby, Im the same way, never stumble across all these HOT deals. Kinda like when grain prices where suppose to be so huge in the states a few years back. Never did get those price quotes when i phoned, nor could get anyone here to show me an actual ticket of those high prices. Guess i am just a poor wheeler and dealer.

[farmaholic]

Alot of doomsday prophecies. Answer me this, what have you or are you doing different?

I know some guys who work in the pipeline business, bleak prospects right now and these guys have spending addictions.

Until restaurants slow down and annual(semi or multiple) hot holidays cease I think it indicates lots of money around. What's your indicator of a stalling economy?

[foragefarmer]

There have been guys on here claiming the sky is falling for the past 5-7 years. Some of the best money to be made in USA stock market as well as some Canadian stocks, in that period.

I guess if you say it long enough you may be eventually be right.

[agchat]

One thing rest assure, the implement dealers in a slowdown, may lay some staff off, but just keep raising hourly rates to compensate. That is already happening. You can bet your sweet ass they wont lower rates. Same goes for auto shops.

[Oliver88]

The Ritchie Bros sale on December 4th should tell us if equipment is selling well.

Maybe we will see some deals out of Alberta with the oil and drilling slowdown?

[hobbyfrmr]

Oliver,

I will be watching for " clubfoot specials" this winter.