Are you saying that you have faith in the US treasury guys? I have very little. The main concern I have is the world markets selling off their paper US dollars and then there would be a glut of dollars. Thus...Making it worth less then what it was worth. No nation....Including the USA can excessively print money and have it buy the same amount of good and services. I hope that we never see 50% inflation here. The Arabs control 1/2 of all the worlds oil. If the Arabs decide to price their oil in Euros instead of US dollars then we could be in for some bad times. $7/gallon gas? I hope not. $9/gallon diesel. food staples doubling in a year. It could be ugly. I hope that this never happens.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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