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