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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: zamboz who wrote (1074)	9/21/2007 5:34:10 AM
From: dybdahl	Respond to of 71445

Paying back debts of this size will hurt, no matter how it is achieved. If oil doesn't cut consumption, something else will. Higher oil prices will basically just let the american consumer drive less instead of forcing him to buy less in Walmart. However, rising oil prices mean more focus on energy efficiency, and I guess USA is more efficient at using energy sources than China for production. Europe is limiting itself using the Kyoto protocol, so I guess that higher oil prices will actually benefit exporting companies in USA.