alstry (35.69)

Venezuela Prepares For War as Electricity Demand Declines.....

December 09, 2009 – Comments (2)

Consumers and businesses may finally be seeing some relief from rising utility bills, thanks to the biggest decline in U.S. electricity demand in decades.

http://sify.com/finance/demand-for-electricity-sputters-and-bills-may-fall-us-news-business-jjisajbdcdh.html

Venezuela gets set for war with arms shipment

President Hugo Chavez said his country had received thousands of Russian-made missiles and rocket launchers to prepare for a possible armed conflict with Colombia. "They are preparing a war against us," Mr Chavez said. "Preparing is one of the best ways to neutralise it."

http://news.scotsman.com/world/Venezuela-gets-set-for-war.5891854.jp

Venezuela is a very large producer of oil....a war with Colombia and the U.S. could have a material impact on oil availability and prices.  With the U.S, economy already in a tail spin evidenced by a decline in electrical demand not seen since 1945.......the consequence could be significant and very disruptive to our economy.

Compound that with a  Fed that is running out of bullets attempting to jump start the economy....1.01.10 seems like a reasonable estimate for Concentric Contraction to occur.