@ the Shirley Samples article posted below I thought I would - TopicsExpress



          

@ the Shirley Samples article posted below I thought I would repost my comment to the last post so that it displays more prominently: This has a correlation between a drop in gas price and a drop in the economy. But what caused what? If the economy drops then there is less economic activity, which means less shipping and fewer cars on the road (less demand = cheaper gas). Woohoo! I can play this game too! The previous crash was based on a housing bubble and rampant investment on the margin. I wish I had the link, but there was a Canadian girl stock broker working for JP Morgan Chase bank demonstrating essentially how they were committing $9B in widescale fraud by buying up subprime mortgages and selling them stamped as premium product. These people were instrumental in the creating of a price-to-value gap that eventually led to the market crash. Long story short: The oil company had nothing to do with it. But if you want to fear for your economy based on oil propoganda, be my guest. rollingstone/politics/news/the-9-billion-witness-20141106
Posted on: Tue, 06 Jan 2015 17:59:53 +0000

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