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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: Sidney Reilly who wrote (220)3/30/2005 9:38:40 PM
From: Raymond Duray   of 1183
 
OT OT

Re: If Bush manages to privatize social security and that money goes into the stock market that will be the last bull market.

Here's an interesting pair of facts from the April Harper's Magazine Index:

Administrative cost of the U.S. Social Security System: 0.6%
Administrative cost of the UK's private pension system: 30%

You do the math.
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