dumpster56
Thinks s/he gets paid by the post
- Joined
- Nov 28, 2005
- Messages
- 2,146
Starting to see the major worldwide spike in crude trickle down to the pump price, in fact its more of a waterfall price jump. We are seeing 40 cent rise in the price of a gallon of gas in the past two weeks and it could run up towards 4 dollars a gallon before Xmas. Is there a dollar price that shuts the economy down and runs it into a recession? I believe yes I know I always seem to be the sky is falling guy, but I have this gut feeling that the economy and our american way of life is just not what it was back in the 60s and 70s. technology the internet seems to be nothing more than fancy gadgets that make things run faster, but we were able to get all the same info albeit slower back in the day.
5 6 or 7 dollar gasoline will really cause major upheaval in the country and possible violence. I mean think about it. The dollar is 1.47 to the Euro, GM is showing an almost 40% 3rd quater decline, crude is just under100 a barrel no end in sight to the Iraqi adventure, bin laden is still alive, the countries that hate us, Venezula, Iran,We are not getting along with Russia much these days all are reaping the benifits of 100 a barrel oil, the middleastern countries are bank rolling all kinds of anti american stuff with these windfalls. What does the american congress do? Fiddle as things get ugly.
I dunno glad I am done with the rat race, much less driving in a less congested area, but I just don't feel right.
Oh then there are the wanna be presidents, it can want to make you sick listening to these well lightweights.
5 6 or 7 dollar gasoline will really cause major upheaval in the country and possible violence. I mean think about it. The dollar is 1.47 to the Euro, GM is showing an almost 40% 3rd quater decline, crude is just under100 a barrel no end in sight to the Iraqi adventure, bin laden is still alive, the countries that hate us, Venezula, Iran,We are not getting along with Russia much these days all are reaping the benifits of 100 a barrel oil, the middleastern countries are bank rolling all kinds of anti american stuff with these windfalls. What does the american congress do? Fiddle as things get ugly.
I dunno glad I am done with the rat race, much less driving in a less congested area, but I just don't feel right.
Oh then there are the wanna be presidents, it can want to make you sick listening to these well lightweights.