Beef Is Broke: Up or Down from Here?

“Recovery will start in the end of ’09.” “The markets will go down again, before they go back up.” “It’s a rough road ahead.” “Economists seeing signs of recovery.”….

What the hell does all that mean? Isn’t a lot of it contradictory? Yes, no one really knows for sure, so there are a bunch of different people talking, none of whom really knows anything for certain.

Here is one thing that we do know, thanks to guys that remind us of the things that are reall important, like Warren Buffett:

“I think your kids will live better than mine, your grand children will live better than your kids. There’s no question about that.”

So no matter what situation you are in, or how tough things might be right now, there WILL BE recovery. Do I think that it’s going to be this year? NO. But I don’t know either. It’s all just verbal farting.

Another great Warren Buffet quote:

“The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves-and the better the teacher, the better the student body.”