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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (15106)	3/9/2011 1:58:08 PM
From: GROUND ZERO™	Read Replies (3) \| Respond to of 222173

$10 a gallon will drive the economy into the ground so deeply, I doubt if it could ever recover... for every $10 per barrel that oil moves equals .25% of our GDP... so the recent $35 BBL increase in crude oil has already hurt our economy by .875%, this is not good news when we were only looking at a possible 3% growth rate in the first place, is there any wonder why these markets have stalled where they are... this now means no more than a growth rate of just over 2%, this cannot sustain the stock market at current levels without tripling the printing presses, it looks like ben has to work weekends and holidays now in order to keep up the facade... the 2008 crash isn't over, it's just being covered over with lots of counterfeit money... GZ