You know Gas could use another dollar or so shaved off of it, but already gas price reductions just in the last 3 months has put over 2 trillion dollars back into the consumers pockets around the world.
We're hocking and chiming about how the lower Oil prices are killing regimes ecconomies, and how Russia's budget depends on $85 a barrel, but what those talking heads aren't factoring in. Is the people in those countries will have more access to their money, good will get cheaper and transportation and logistics, harvesting everything will get cheaper.
The reports are also blaming the Saudi and regional Oil cartels claiming they want low Oil prices to hurt America. But again it's really because they realize, if their citizens can eat, work and live, comfortably. Then they wont be creating wang dang doodle in the squares.
America will prosper with cheap Oil, whether or not we're stupid enough to allow them to keep conning us, and gouging us with $2.68 gas, and act they're doing us a favor and that is cheap. When the real price should be $1.50 to .99 cents a gallon. Or not will remain to be seen. The way America has just allowed have so much of their income, savings and live sucked from them manipulated commodities and draconian priced services we're mandate to purchase, just astounds me.
But I have faith we'll wise up, we're already starting to.
There's going to be a ton of wealth put back in our pockets, if we make them do the right thing and sell us gas at fair market value, and not agenda imposed exorbitantly priced.
I think the US is in a recession now because of the end of QE. I have to wonder if China's real GDP is even at 5% growth.
Mostly it is about re balancing and deflationary pressure from all the bad credit. Should be in better shape half way into next year in the US.
Agreed. Amazing that you got 2 dislikes for something that obvious. We don't know where we stand wrt the organic recovery part because QE/ZIRP has inflated the biggest asset markets to the hilt. Also so far people have gotten used to expecting the Fed to roll out new programs and reinstate ZIRP forever on any market softness, but the Fed has been mum and chances are as good that they will do their first measly quarter point hike as planned as that they won't. That doesn't sit well with the players. Add on international volatility/recession and this is going to be interesting. I doubt that there will be a gigantic crash, but in many ways a constantly net retreating market with intermittent upswings of hope and change is much more heinous..
I don't think posting an article is an acknowledgement that the poster supports the article's position.
On contrary, the incentive behind the post could be to demonstrate how wrong the article is/was.
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You know Gas could use another dollar or so shaved off of it, but already gas price reductions just in the last 3 months has put over 2 trillion dollars back into the consumers pockets around the world.
We're hocking and chiming about how the lower Oil prices are killing regimes ecconomies, and how Russia's budget depends on $85 a barrel, but what those talking heads aren't factoring in. Is the people in those countries will have more access to their money, good will get cheaper and transportation and logistics, harvesting everything will get cheaper.
The reports are also blaming the Saudi and regional Oil cartels claiming they want low Oil prices to hurt America. But again it's really because they realize, if their citizens can eat, work and live, comfortably. Then they wont be creating wang dang doodle in the squares.
America will prosper with cheap Oil, whether or not we're stupid enough to allow them to keep conning us, and gouging us with $2.68 gas, and act they're doing us a favor and that is cheap. When the real price should be $1.50 to .99 cents a gallon. Or not will remain to be seen. The way America has just allowed have so much of their income, savings and live sucked from them manipulated commodities and draconian priced services we're mandate to purchase, just astounds me.
But I have faith we'll wise up, we're already starting to.
There's going to be a ton of wealth put back in our pockets, if we make them do the right thing and sell us gas at fair market value, and not agenda imposed exorbitantly priced.
Cheap gas means the imbeciles in Los Angeles stop taking public transportation which means the freeways get congested.
That sucks and is not worth the $100 extra per month going back into my families pockets.
This will never happen. G.W. Bush & the Reps bailed out the TBTF & saved the universe.
The case for global recession in 2015 is the recession in 2014
I think the US is in a recession now because of the end of QE. I have to wonder if China's real GDP is even at 5% growth.
Mostly it is about re balancing and deflationary pressure from all the bad credit. Should be in better shape half way into next year in the US.
The depression began 2006. A recession would be an improvement.
landtof says
no it is not
landtof says
Seriously the fundamentals are jacked up.
indigenous says
Agreed. Amazing that you got 2 dislikes for something that obvious. We don't know where we stand wrt the organic recovery part because QE/ZIRP has inflated the biggest asset markets to the hilt. Also so far people have gotten used to expecting the Fed to roll out new programs and reinstate ZIRP forever on any market softness, but the Fed has been mum and chances are as good that they will do their first measly quarter point hike as planned as that they won't. That doesn't sit well with the players. Add on international volatility/recession and this is going to be interesting. I doubt that there will be a gigantic crash, but in many ways a constantly net retreating market with intermittent upswings of hope and change is much more heinous..
landtof says
I wish that people who posted false predictions would admit they were wrong and not so smart as they believed themselves to be.
landtof says
You're the one who posted then bumped the prediction here.
I don't think posting an article is an acknowledgement that the poster supports the article's position.
On contrary, the incentive behind the post could be to demonstrate how wrong the article is/was.
curious2 says