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


To: yard_man who wrote (269263)8/15/2010 1:40:12 PM
From: posthumousoneRead Replies (2) | Respond to of 306849
 
i would love deflation.
my purchasing power would increase.
i could buy more



To: yard_man who wrote (269263)8/17/2010 11:03:26 AM
From: DebtBombRespond to of 306849
 
Ga. scientists: Gulf oil not gone, 80 pct remains
Georgia scientists look at federal figures and find up to 80 percent of oil spill still lurks


On Tuesday August 17, 2010, 9:26 am EDT
WASHINGTON (AP) -- Georgia scientists say their analysis shows that most of that BP PLC oil the government said was gone from the Gulf of Mexico is still there.

The scientists say as much as 80 percent of the oil still lurks under the surface. The Georgia team said it is a misinterpretation of data to claim that oil that is dissolved is actually gone. The report from University of Georgia and other scientists came from an analysis of federal estimates.

Earlier this month federal scientists said that only about a quarter of the oil remained and the rest was either removed, dissolved or dispersed.

finance.yahoo.com