PeakOil is You
Has the Great Contraction Begun?
Re: Has the Great Contraction Begun?
by careinke » Mon 01 Feb 2016, 17:28:00
$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('dohboi', 'G')reat graph. Do you supposed it is just coincidence that unemployment generally drops during Dem administrations and rises during most Repub ones?
No, while Dems are labeled tax and spend, the GOP should be labeled borrow and spend. Repub's in power compete for capital with the private sector. Debt almost always increases more under GOP administrations.
When I was in the service, most of our raises came under Democratic presidents. My father told me the same thing happened when he was in.
Cliff (Start a rEVOLution, grow a garden)
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Re: Has the Great Contraction Begun?
by Tanada » Mon 01 Feb 2016, 17:35:43
$this->bbcode_second_pass_quote('pstarr', 'W')hy do you ask that question Tanada? Are you countering certain arguments that the glut now (and the shortage during the $147 run-up) were OPEC-member strategies? If so I agree with you.
Other than a few years of SA Swing Producer effect, OPEC has had little influence on world supply/demand. They all produce like heck to keep their young restless and demanding youth population well supplied with DVD's and baby carriages. I have never paid any attention to OPEC's claims for cartel control. With the exception of SA on several rare occasions (that I can recollect right now) no member of OPEC has ever not produced at its maximum. Of course I can not prove this, as said members have never even exceeded their assigned quotas. They merely increase reserves lol
Other than a few years of SA Swing Producer effect, OPEC has had little influence on world supply/demand. They all produce like heck to keep their young restless and demanding youth population well supplied with DVD's and baby carriages. I have never paid any attention to OPEC's claims for cartel control. With the exception of SA on several rare occasions (that I can recollect right now) no member of OPEC has ever not produced at its maximum. Of course I can not prove this, as said members have never even exceeded their assigned quotas. They merely increase reserves lol
I didn't ask a question, I sketched out a scenario showing that we could be much worse off today than we are. We are not nearly as prepared as we should be, but neither are we totally in the dark as we were in 1969.
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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