TRUMP, "What happens when people find out all these states are gonna flip?"
(www.thegatewaypundit.com)
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The cost of wood is up 500% from last year. Steel is up 400% from last year. A friend of mine was going to build a new industrial building this year. His estimate in February was $2.8 million with a worst case scenario of $3.2 million. He just received his final bids and it came in at $4 million dollars! $1.2 million more that the cost in Feb.
This type of inflation is going to absolutely blow the shit out of our economy. Plan accordingly.
Yes sadly I don't think we get through this without even more pain than we've seen already. I'm in Australia so I think the dynamics might differ slightly but this is definitely a global thing.
It's definitely global, thanks for pointing that out. Good on ya mate!
you know a millionaire???
Small business owner looking to expand and build a new distribution building.