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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (30606)5/3/2005 1:06:57 PM
From: Crimson GhostRespond to of 306849
 
$380 oil implies either runaway inflation, near-depression or perhaps a mixture of both as they had in Argentina a few years ago.

Shorter-term I am looking for oil to drop back below $40 as the global economy slips into recession. But $80+ by the next Presidential election would not surprise me.