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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.91

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Nov 11 4:00 PM EST

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To: TobagoJack who wrote (45006)	1/9/2009 6:09:20 AM
From: Snowshoe	Read Replies (2) of 217696

>>if you add up all of the infrastructure projects "on deck" in all 50 US states, the total is a mere $60 billion. With the Obama stimulus plan, each and every one of them will be funded. But from what I understand, there are not enough contractors, asphault, etc. to fill all the orders if everyone starts building them in the next 12 months. That might mean that there is a bidding war for the labor and supplies needed to fufill the orders. Inflation anyone?<< Huh? Only $60 billion? That's not much by US standards. With commercial and residential construction drying up worldwide, why would that piddling amount cause a shortage of contractors, cement, and steel? True, there's a growing asphalt shortage in the USA because many oil refineries were reconfigured to produce a higher proportion of fuel. But global cement demand is crashing, so road projects can simply be switched over from asphalt to cement. Tough nuggies for the right-wing asphalt paving guy.

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