Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: blazenzim who wrote (33417)	4/19/2008 8:51:04 PM
From: SG	Read Replies (1) \| Respond to of 220298

TV show tonite profiled pizza store owner paying $11./ bushel 1 year ago, over $30./ bushel today for his pizza flour, around 300%. SG

To: blazenzim who wrote (33417)	4/20/2008 3:28:11 PM
From: elmatador	Respond to of 220298

US was likely in recession quite some time ago. BusinessWeek has this correct: Consumer spending minus hedonics and imputations is lower than reported. One thing BusinessWeek did not mention is the massive increases in gasoline expenditures. The three month running total of gasoline purchases is 22% higher than a year ago. Wages are falling, unemployment is rising, and rising oil prices are cutting spending elsewhere. Consumer spending, especially discretionary spending, has only one way to go and that is down. globaleconomicanalysis.blogspot.com Therefore the importance of that bread and pasta price i