Quote:
Originally posted by Aurel
Isbao,
.
The US is creating for itself a new sphere of influence, which is the middle east.
Aurel
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Now U got it Aurel..why are we creating that sphere....cause there is oil...which is needed to fuel the GLOBAL ECONOMY. So it's not about a barrel of oil per say BUT ABOUT THE GLOBAL ECONOMY...Why U ask..The GLOBAL ECONOMY NEEDS A STEADY, STABLILY PRICED Supply of oil in order to THRIVE.
If the price of a barrel of oil remains high, or the source of supply is in jeopardy economic markets will remain in flux...which leads to Global economic recession and possibly Global depression.
When the price of a barrel of oil was $12 bucks everybody was riding high...contemplating buying that new Porsche....now that oil is $32 a barrel how many of you are thinking about that new Porsche...and worried about getting a "pink slip" .why is the price of a barrel of oil $32 instead of $20, the threat of disruption in the source of supply due to war and Terrorist activities.
Geez people look at the BIG PICTURE and not just the trees in the forest...WMD, French interst or no French interests, muddy this or muddy that...who cares....I want gravy on my Pork Chops again...and for that to happen the GLOBAL ECONOMY has to be THRIVING...not in recession or stagnation, ole GW didn't creat 911 but was let with the ***** on his plate..and 911 was the catalyst of this crisis. The issue of Liquidity can bring the USA down....gota go now.........