Since 1749, wholesale prices have risen 1.3% per year on average, but in war years, including the Cold War and the more recent War on Terror in the Middle East, the average increase was 5.8%. In contrast, in peacetime, prices actually have fallen 1.2% per year on average.
A.Gary Shilling, from the best newsletter Insight
My thesis is that there is too much of everything, to much supply and the conclusion is deflation, unemployment and poverty! The way out of this is to be different, don't try to be the best but different.
I just started dieting & posting in the Blog because when i don't post i make a lot of mistakes. My target now is to be sub 70kg by race day.
73 kg, 13,7% fat and 21 BMI
yesterday i ate
Ratatouille & black beans for breakfast 150 calories + 200 calories
drink some green tea in the morning
no snack's
ate sashimi with some rice with a friend. Drank 1 miso soup. 400 calories
no snack's in the afternoon
ate 1 Dried Fig 100 calories before workout.
i was at the gym from 18h30 until 20h, did a strong workout 1200 calories burned
dinner was a veggie soup+ big green salad with Hemp seed's&Flax Seed's 400 calories
Beware of little expenses. A small leak will sink a great ship.
Ben Franklin
PS since these days taxes are very high the expression makes a lot of sense. I am paying now 54% marginal IRS. So each 1 euro i spent i need to earn 2,17 euros. These days with the Government in between i don't feel like spending. I want to freeze until taxes go back down again.
"Formal education will make you a living; self-education will make you a fortune."
Jim Rohn