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Politics : Foreign Affairs Discussion Group

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To: michael97123 who wrote (242241)9/18/2007 4:29:52 PM
From: SARMAN  Read Replies (1) of 281500
 
I am glad that you are making money, however, I was talking in general and how people invest their money.

You wanna know why oil at $80 is being shrugged off? Because oil at 80 is really oil at $64 after devaluation taken into account.
No it is not being shrugged off. However, the US consumer is busy trying to keep his home that is not paying attention to oil. Oil will create inflationary pressures that the fed dismissed today. The fed eased because the US economy is on the brinks of collapse.

Thanks for paying for the war in iraq Sarman. Bush couldnt have done it without you.
ROFL
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