Oil prices are rising as a result of the latest Israel Pummels Palestine War.
After reading a report from the United States Army War College that military action may be required in the event of an economic catastrophe, I'm still happy I recently moved but its a little scary.
We got plenty of war, economic collapse, and plans for war as a result of economic collapse, all we need now is an outbreak of some god awful disease. Seriously, what the hell is going on.
Reuters: Crisis impact spreads
The U.S. S&P 500 benchmark was down more than 40 percent with two trading days left in 2008. Its biggest yearly drop was in 1931 when it fell 47.1 percent.
FALLOUT FROM JAPAN TO MOSCOW
The fallout has hit all sectors from banks to autos to commodities and resources. Unemployment has climbed, house prices have plummeted and cash-strapped consumers have curtailed spending, heaping more pressure on companies.
2 comments:
Here's an irony, Israel pounds Gaza driving oil up which enriches Israel's enemies. Actually, I'd like to see the gas stations raise prices fast real fast for a month. That would hammer people enough psychologically so they might not be tempted to go back to their old driving habits and cars. It would kill off GM though.
"Here's an irony, Israel pounds Gaza driving oil up which enriches Israel's enemies"
You just have to shake your head.
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