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I like to ask David questions I already know the answers to. It’s my own private game of “How Well Do You Know Dave.” I happen to be the world champion, and I score pretty high most of the time, though every once in a while, he’ll throw me a ringer.
If mankind’s survival relies on me eating insects, let me be the first to say … it’s been a good run, would the last human turn out the lights, and better luck to the chimpanzees or whoever takes our place at the top of the food chain.
Recent banking stress already includes reduced lending from commercial and community banks. With deposits being drawn down, it will be difficult for banks to lend aggressively in this environment, creating a significant headwind to economic growth.
I understand your reluctance. We want to think we can do it on our own, with just a couple trusted professionals. It’s so tempting to “keep it all quiet” and “not talk about it everywhere.” I get that. But think of the resources you’re limiting yourself to.
I’ve had more than a few people ask why the reservoir teacup graphs don’t look full after such a heavy winter snowfall and why the drought monitor maps are still showing drought in Idaho. The answer to this question is that the snow is still in the mountains. Snowmelt runoff typically peaks in May or June, and reservoir operators are typically trying to get the reservoirs full by mid-June to early July.
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