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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (5708)5/6/2004 11:15:23 AM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
>>a very clear positive slope which shows a strong positive correlation between these two parameters<<

I did not disagree. but the point is that the degree of the slope in future would definitely change, as well as the upward trend for developed countries. The GDP in developed countries still will increase, although at slower pace, but the energy consumption would decline, due to other 2 billion strong population rushing towards industrialization and competing for the same pool of the energy, and the supply of oil is finite.



To: Wyätt Gwyön who wrote (5708)5/6/2004 7:56:48 PM
From: patron_anejo_por_favor  Respond to of 116555
 
<<i saw a very interesting graph which showed per capita GDP on the vertical axis and per capita crude consumption on the horizontal axis. there is a very clear positive slope which shows a strong positive correlation between these two parameters>>

So McSteer was right? Maybe all we DO need to do is go out and buy another SUV or three.....<G>


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