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Non-Tech : Derivatives: Darth Vader's Revenge
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To: Worswick who wrote (813)2/20/1999 12:29:00 PM
From: Mark Adams  Read Replies (1) of 2794
 
Excellent post Clark. I look at the CRB graph- it's almost scary. I don't understand how people can fear inflation with that going on. I got back from the East coast last night, to find Gasoline at the local station down a nickel. I read in Barrons that copper is trading at .60/lb now. Last year, it was .83. That is just one commodity- the others show same trend.

This can only go on so long, before producer cutback inspired layoffs result in the deflation hitting Canada, US, Australia and Peru. I know of at least one company, RYO, which isn't likely to survive these prices. That means higher unemployment in both Washinton State and British Columbia.

Fortunately, Food Stamps and unemployment will go further, assuming the Farmers and Ranchers don't call it quits too.
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