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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (54592)2/23/2006 8:34:06 PM
From: TobagoJack  Respond to of 110194
 
<<that is a very tortured logic ... that is a very tortured logic. oil cost $11 a barrel a few years ago and is now $60. more people may be using it than before--people who couldn't afford cars now have them in China. but that is because they got richer; NOT because oil is cheaper. >>

... with some folks one must use unique if not tortured logic :0)

for example, as there are more USD 50 organic chickens from France now sold in HK, by Grace's tortured or unique (depending on political flavoring) logic, the said organic birds must be falling in price against the USD 8 variety that is kept awake 24 hours, doped up on drugs, and cooped up from hatching to slaughter ;0)

upon taking yoga and suspend common sense, one can contort reality into all sorts of amusing spins ;0)

Chugs, J



To: Wyätt Gwyön who wrote (54592)3/8/2006 8:35:35 AM
From: GraceZ  Read Replies (1) | Respond to of 110194
 
that is a very tortured logic. oil cost $11 a barrel a few years ago and is now $60. more people may be using it than before--people who couldn't afford cars now have them in China. but that is because they got richer; NOT because oil is cheaper.


That is why I included the phrase, "another way of saying this is that the world is getting richer"....so that readers would understand what is meant by "in a real sense". People getting richer means that commodities are costing less of their incomes, the cost as a percentage of what they they can produce.

This has been true for the last 2000 years.