Comment

It Begins: The Destruction of Syria's Chemical Weapons

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Targetpractice10/08/2013 8:31:38 am PDT

re: #335 lawhawk

So, the shutdown is about to have greater effect on everyone. The data that the government collects and disseminates to the public is not there for a variety of commodities. First there’s the pork and other agricultural products. That’s a huge thing since figuring out fair market value is, well, important.

If the shutdown isn’t resolved soon, the Energy Information Agency will stop reporting its data on oil and gas, which affects, well, everyone.

The markets rely on data, and when you’re not getting data, the markets will do what they think is appropriate. They’ll hunker down, or they’ll make assumptions. They’ll speculate. They may send prices far higher than if they had the data.

If those decisions are wrong, it could have significant and lasting effects on a whole lot of people.

In other words, folks might be smart to fuel up now, because shit’s about to get real.