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<blockquote data-quote="SlugSlinger" data-source="post: 3768951" data-attributes="member: 7248"><p>He's not the expert I am talking about. He's a CPA and is level headed and holds back on what he says, I think anyway.</p><p></p><p>I am talking about epic food shortages and depression level economic activity due to what is happening in China right now and rising interest rates. The backlog of shipping containers are at record levels. These transports are anchored off the China coast. How does this impact food shortages here? Where do most of the food containers come from? China.</p><p></p><p>Good idea about the retirement. I did the same thing. Now, with rates rising, the stocks are going to get smashed. Rising rates will kill incentives to grow or generate new economic activity. Like others have stated, increasing the rates is too little and too late!</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3768951, member: 7248"] He's not the expert I am talking about. He's a CPA and is level headed and holds back on what he says, I think anyway. I am talking about epic food shortages and depression level economic activity due to what is happening in China right now and rising interest rates. The backlog of shipping containers are at record levels. These transports are anchored off the China coast. How does this impact food shortages here? Where do most of the food containers come from? China. Good idea about the retirement. I did the same thing. Now, with rates rising, the stocks are going to get smashed. Rising rates will kill incentives to grow or generate new economic activity. Like others have stated, increasing the rates is too little and too late! [/QUOTE]
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