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Politics : Formerly About Advanced Micro Devices
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To: Elroy who wrote (270555)1/30/2006 3:51:10 PM
From: tejek  Read Replies (1) of 1576399
 
And the intensity of an oil shock is much worse now than it was then.

I thought the opposite was true. Oil has gone from $25 per barrel to $70 per barrel in ~24 months, and had minimal affect, right?

Have you wondered why the recovery has been fueled only by consumer spending? Why business spending and business expansion has not joined into mix?

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