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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Wyätt Gwyön who wrote (128161)6/10/2008 9:26:06 AM
From: zebra4o1Read Replies (1) of 306849
 
Wyatt, That is one frightening graph. Looks like oil production hit a wall. Really like the lines showing the percent of 'world GDP' spent on oil.

But I suppose if you wanted to play devil's advocate you could argue that this graph could still just be showing a speculative price spike. If replotted in a few years, the graph might show increased production and lower prices - but I doubt it.
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