Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (49995)	4/24/2006 9:46:42 AM
From: Tommaso	Read Replies (1) of 116555

Mish, let's quit talking about inflation for a second. Would you agree that the total output of the world's economies depends in large part on oil? Would you agree that without oil as a fuel, the economies that we live in could not function, as they are currently constructed? People could not travel as they do. Goods could not be shipped. Many factories could not function. Modern commerce would be impossible. If all shipments of oil ceased, all the economies would cease to operate. Would you agree with that?

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