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

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From: roguedolphin6/14/2010 3:50:25 PM
  Read Replies (1) of 116555
 
Interesting series of posts from westpacific on The Great Oil Spill....

Message 26609155
To: Rarebird who wrote (5747) 6/11/2010 1:57:11 PM
From: westpacific Read Replies (2) of 5758

Don't watch this video of oil guru Matthew Simmons on Dylan Ratigan if you're in the US and you're about to go to sleep.

The Houston energy banker and author of Twilight in the Desert says we basically have two options: Let the well run dry (taking 30 years, and probably ruining the Atlantic ocean) or nuking the well. Barring those things, the best move would be to use supertankers to suck up as much oil as possible ahead of hurricane season, when the oil will be picked up, and will paint the Gulf Coast black. (via TheOilDrum)

businessinsider.com

Scary; damn scary as Simmons is the king; and using a nuke could fracture the rock and make it worse and will pollute the Gulf with radiation that fishing will be finished for centuries or more!

Tell you; this stock market is finished just on this ongoing disaster; it is beyond imagination...once into the Gulf Stream loop it will also make fishing in Europe finished also...and that scenario is just months away.

West

Message 26611054
To: T Rex who wrote (406628) 6/12/2010 1:17:45 PM
From: westpacific 3 Recommendations Read Replies (1) of 406698

4.5B LOL; try trillions...telling you this is beyond bad; they are not telling us dick; been doing homework on this for upwards of 3 hours a day.

It cannot be stopped and the Atlantic Ocean will lay dead and Europe is going into massive cold winters within two years. It will lay empty by 2016 as food production grinds to a halt and life will never be the same again.

West

As for America; forget coastal bathing; fishing and real estate; dead for decades along the entire eastern seaboard!

Agree F THESE BASTARDS...all in the name of greed a mile below on the rimm of pushing technology beyond the limits! Government asleep at the wheel; vote accordingly!

I cry as to how to tell my 9 year old whom loves to fish; maybe the family has no option but to move Pacific bound once again...it will be a flood of immigration.

BP is history; only an idiot trys to bottom fish this extinct POC and only a greater fool is fueling at one of their stations...

Sorry Clowns for such a sad post but I truly believe this is beyond hope! You cannot patch up a rupturing sea floor a mile below the surface...

W

Message 26613643

From: westpacific 6/14/2010 9:52:32 AM
of 5758

The Black Swan; could not agree with this post more...

With this event ongoing timing the next market drop is near impossible; and in the end; it may not even matter.

Because if the Gulf Stream dies...

Again I ask; do you trust what the Officials are telling us?

siliconinvestor.com

Lost sleep this weekend on the Arch Crawford end of civilization call and this event happening after he made this call. There is no seer that has been correct in recent year then Arch...

And my other seer also says Europe empty 2016, due to what? That seer said global war; could that happen as well...this whole house of cards sits on edge. Could that war come about because of this spill? Since this spill will send Europe into nasty winters within a year or two.

Rare; your not factoring in the spill to your model; just the elections and more printing...and let us not forget hurricane season about to begin as well.

West
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