Morton Fox (mortonfox) wrote,
Morton Fox
mortonfox

Eventful days

This evening, I went to the Mulder's Farewell Gathering geocaching event at the Ruby Tuesday in Willowbrook Mall in Wayne. We pretty much had the whole upstairs part of the restaurant. Great to see everyone and meet a few new people from Central Jersey. (Metuchen, Edison, etc, which is basically a stopover area on my way to the Jersey Shore so that's when I go for their caches) I hadn't been to Northern NJ geocaching events in about 11 months because I was a tad uncomfortable at some things that happened at the events last year. But this evening was pretty good so maybe I'll attend a few more. Also, the salad bar at Ruby Tuesday wasn't bad at all. I could've had dinner entirely from the salad bar too, although the salad bar without the entree costs a bit more.

Anyway, it looks like everything is planned from now through the weekend. There's another geocaching event tomorrow evening, and then both days of the weekend are already committed. It'll be fun or hectic or both.

March 20 to 26, 2006: Iran-USA, beginning of a major world crisis
Okay, I've been holding on to this article for about a week, waiting for a good stretch of free time to dissect it, but it looks like I won't have the opportunity to do so. (So maybe you could take a shot at it?) In short, I don't think either of the two factors, the Iran oil bourse or the Fed's discontinuation of the publication of M3 numbers, are as earth-shattering as the article makes those sound. Think of those as two more nails in the coffin of the economy to accompany numerous other nails, including, but not limited to, the end of the housing bubble, peak oil, massive debt at all levels of the government and consumer debt too, massive unfunded Social Security and Medicare liabilities, dangerous complacency in the capital markets, the end of dollar repatriation, the end of the Yen carry trade, and possible extension of the war into Iran and Syria. Putting all those together could make for a pretty bad 2006, but who knows? Interestingly, this is not the first time I've heard a prediction of a crisis in March of 2006. One newsletter writer made that call way back in 2004, but I don't remember who it was.
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