tbran
Guest
there was a survey out there a few months back. Marketing guys are always looking years into the future. The survey they got back was pretty graphic. Companies are not prone to bobbit-i- zizing themselves if you know what I mean. However, in this current economic world wide crash, and I believe we are just seeing the tip of the ice burg - a lot of govtmnts have borrowed themselves out of third world status. These are baloons that may pop along with the asset backed securities and housing mrkt in N America. The majority of jobs in America have been in the 'information' area. This produces nothing tangible, thus valueless unless you are in some hedge or speculation mode. I am not starting rumors, but some of the smaller guys in the world's machinery mfg players ain't a gonna make it if this thing drags out a year or so. Proof is the feds emergency drop of 1_2% this morn - very rare move. Check out the ability of companies to issue commercial paper. Cat was probably the smartest of the gang (GM FORD Deere to mention a few) who just before the crash issued I think a hundred million and really didn't have to have the money. It was a hedge I have been told - and a smart one. The curent cbot figures reflet true demand figures - with the speculators out of the picture. Same with crude oil. When the crop n's come in, and I think they will be low, the bravehearts will again hit the commodities and it will shoot up. But don't bet the farm on my account. In the past there are the powers that be that have recognized in situations like that of $4.30 corn and $1200.00 NH3 and then P and K and high land rent,,,well you know, it may not be magic but we have found ways to survive - people got to eat, but maybe not so high up on the hog world wide. There will opportunities and pitfalls aplenty -keep an eye out - and place an order for a 2011 Gleaner R88 - and have the check book ready when it hits the delaers lot ;-)