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America has had a good run at commodity fixing because the rest of the world was on board with it. But now the rest of the world is growing a conscious. WHile they did love the unchallenged profits, and the easy money of strong arming their citizens by robbing them through commodity manipulation. It created unrest in virtually every country in the world. A hungry Mob is an Angry mob. And unlike the US, the rest of the world can't just send in the Goon Squad with battle tanks and mow the dissidents and angry mob back into submission.
We're going to see the rest of the world reverse it's Liberal ways and become more conservative than most countries have been for 50 years.
BUT they will also make laws that protects the peace and standard of living for their citizens. Those middle East countries nor Russia don't need $100 Oil. While it was nice and made their elite even richer, it is simply an out right LIE that the press is now saying that all of these countries budget is based on $100++ Oil. That is just crazy. America is the only country that would be so fucking stupid as to base their country budget based on something so asinine that it stifles, hinders and destroys all growth, and the standard of living. Making all wages grossly subpar for a comfortable living.
These counties all see the writing on the wall. The middle East and the European block is only about a year or two away from massive pandemonium and coup, it is only a matter of time, at the rate the greedy montherfuckers are going. Before generals or colonels in various armies sell themselves to the country as some champion that will lift them out of despair if the country follows them.
I think America is the only country on Earth frothing for a front row seat to that show.
Sorry LIberals NOT TO DAY! Nuh-uh-UH!!![finger wag]
Huge Commodity Reversals; Is the Bottom In?
http://globaleconomicanalysis.blogspot.com/2014/12/huge-commodity-reversals-is-bottom-in.html
Mish