Digging Deeper …
by Justin Angell
So, let’s address the elephant in the room head on. Trump policies have cost us a lot of money. Trump is brash, arrogant and abrasive.
The way I look at it though, if it wasn’t for Trump policy, I wouldn’t have had the money to lose and while I was losing it I would probably be wearing a paper mask, not standing within 6 foot of anybody while I watch boys play girl sports because they feel like it and knowing a man leading our soldiers can wear his dresses in the Pentagon since he feels like he is a woman.
You get the point without me bringing up the billions lost to Somali fraud and a wide-open border attracting every freeloader and criminal in the world with several other million pretty good people.
It’s easy to see that America and Trump are backed into a corner, an impossible economic position where there are no good choices only less bad choices. Like an acrobat spinning plates, it seems only a matter of time before the inertia is lost and the plates fall and break.
One of the plates is diesel fuel availability and price. The more research I do on diesel prices and availability, the worse it gets. Like hitting a record national average today at six dollars per gallon.
My research tells me it can go at least another 30% higher if things don’t start going right. The most important part to understand is that the world runs on diesel and transportation energy cost are a vital part of our global economy.
I will never surrender, so I’m not sure how this one ends. Let’s buckle up.
As far as Trump’s strong personality: On the world stage I have no doubt he is negotiating on Americans’ behalf, not that of the globalists.
As Franklin Graham famously said, ”Hold your nose and vote”.
I was talking to my son-in-law over a beer and cheeseburger at our local tavern and I asked him about the rock and concrete business up and down his area, basically the I-70 corridor. Garth told me they literally cannot make rock fast enough to keep up with demand.
The biggest project is I-70, but the other big project is two data centers near New Florence Missouri that will consume 800,000 tons of rock.
The orders come in with no thought of price, but only how fast it can get there. At $28.50 per ton, that makes $22,800,000 worth of construction materials and rocks.
This is only a tiny example of the head-over-heels rush to build the infrastructure of a new global technological system.
This buildout is costing hundreds of millions of dollars and is the only thing keeping the American stock market buoyed near all time highs.
I’m not getting into the mechanics of the economy, but right now we seem to be replaying the movie scene from the movie “The Big Short” where the housing crisis was perfectly described as a giant global game of Jenga. (google Jenga scene from movie The Big Short)
As in past articles, I will again say that I’m not afraid of the future of the cattle market, but I believe a blow up outside the cattle business is possible and eventually probable.
Honestly, I thought we would’ve had a blow up years ago, but I have learned just because something is inevitable does not necessarily mean it is immediately imminent.
I think we should have some Faith, relax and enjoy this rally and don’t let anybody including me, steal your joy.