"Albert K. Fung" wrote:
> > The venerable Goldman Sacks ....
> >
> > Finally made the gutsy call, adding a respected voice to the
> > whispers. That oil is on a steady march towards USD 200. Its
> > projection is USD 150-200 by the end of next year. That will
> > certainly hurt quite a bit.
> >
> > Because that translates into USD 8-10/gallon of gas .... :)
>
> rst0wxyz:
>
> > It's the downfall of the mighty America,
> > unless they can adjust to electrical cars.
>
> Speculation of the Empire's demise ....
>
> As usual, is quite premature. America is unusual in history,
> in her unmatched ability to remake herself, constantly. Many
> of her adversaries failed to grasp that aspect of this young
> nation, often to their own peril. As Imperial Japan and Nazi
> Germany, pre-WW II top ranking military powers of the world,
> learned belatedly, about the seventh ranking one - the USA.
>
> The reticent weakling remade herself into a global hegemony.
>
> While expensive, Europeans are already paying that price for
> gas, or very close to it. By all measures, they aren't doing
> too badly. Nonetheless, there is no doubt that such an event
> will be a game changer. Americans should, and probably would
> change their wasteful ways. Cheap gas is addictive. Which is
> not good for the soul of the nation.
>
> Nor for the health of Planet Earth .... :)
>
> Regards,
>
> Albert K. Fung
> Casa Tres Palmas, Santa Ynez, California, USA.
> ---
>
> Posted via news://freenews.netfront.net
>
> Complaints to news@[EMAIL PROTECTED]
is bluntly. Gas prices will go up out of control, interest rate
will go up. Recession in the US will for sure be setting in.
Ghetto areas around downtown will go up in price because
of the ease of trans****tation and the ease of biking around
and SANTA YNEZ will become a desert
|
