[Aaron]

OManipadmiommmmmmm, ommmmmm Kelly Clarkson ommmmm

[thuja]

Ommmmmmmmmmm I see a trend Mani Padme Ommmmmmmmm

[JustinFrankl]

Om looks like oil will top mani $100 before the end of padme March, 2007 hum.

[jato]

Between 1971 and 1981 oil prices went up almost 10 times. From about $3 to 30/barrel:



$20x10= $200/barrel

[Kingcoal]

Wow, this is real old-time peak oil stuff. I remember back to my first post we were debating how the shtt was going to hit the fan when we hit $70/bl. Well we are here and still going. How does it look two years latter? No real discoveries worth mentioning and increasing demand. I'm now thinking $100/bl by January.

[eastbay]

Impermanence.

Impermanence clearly demonstrated for all.

O mani padme hom indeed!!!

[Doly]

The trend is exponential and volatile, just as expected.

The question now is: when does the exponential curve break? Because it can't hold on forever.

And at the point it breaks, the economy of the West breaks too.

[MrBill]

$this->bbcode_second_pass_quote('Doly', 'T')he trend is exponential and volatile, just as expected.

The question now is: when does the exponential curve break? Because it can't hold on forever.

And at the point it breaks, the economy of the West breaks too.

[Battle_Scarred_Galactico]

Don't worry, the market signals will kick in any minute now. Because that theory isn't bullshit at all.

[MrBill]

Umm, market signals?

If your income is the stagnant and the dollar is lower, interest rates are higher, inflation is rising, housing prices are declining, household debt is expanding and the cost of crude has increased 500% what is the market telling you?

It is saying, consume less, save more!! What are some people deaf, dumb and blind?

The Pledge of Consumerism: I hereby pledge to consume the maximum amount of junk I cannot afford regardless of what may happen to the economy until someone puts a bullet in the back of my head because I am so stupid I cannot interpret market signals.

Everyone is to blame. The economists, the politicians, the oil company, the media, the marketers, the retailers.... everyone exept the idiot consumer pulling the debt/consumption trigger.

Now repeat after me. "This is not a drill. This is a real emergency. Slowly, calmy, put down your credit card. Park your SUV. Stop spending. Breathe deeply. Save your strength. It's going to be okay. Just have to stop buying, pay down debt and save. There, easy now."

[loveandrage]

"The organized state is a wonderful invention whereby everyone can live at someone else's expense."

That someone else is our great grand-children.
The future.

[rwwff]

$this->bbcode_second_pass_quote('MrBill', 'U')mm, market signals?

If your income is the stagnant and the dollar is lower, interest rates are higher, inflation is rising, housing prices are declining, household debt is expanding and the cost of crude has increased 500% what is the market telling you?

[MrBill]

$this->bbcode_second_pass_quote('loveandrage', '"')The organized state is a wonderful invention whereby everyone can live at someone else's expense."

That someone else is our great grand-children.
The future.

[MrBill]

$this->bbcode_second_pass_quote('rwwff', '')$this->bbcode_second_pass_quote('MrBill', 'U')mm, market signals?

If your income is the stagnant and the dollar is lower, interest rates are higher, inflation is rising, housing prices are declining, household debt is expanding and the cost of crude has increased 500% what is the market telling you?

[rwwff]

$this->bbcode_second_pass_quote('MrBill', 'U')mm, I hate to point this out, but I know! Notice how each statement is true, but you felt compelled to qualify each one? That is the way it is. Everything is relative. But there is no way you can twist the number to read inflation is lower, the dollar is stronger, the trade deficit is lower, the economy is or will expand going forward.... if nothing else, maybe, finally, some posters are starting to question what is written on these pages by questioning the underlying assumptions? Thank you!!

[Aaron]

$this->bbcode_second_pass_quote('', 'S')orta like grandpa's stories of nickel bus fairs, and two-bit lunches. Or walking five miles to school, in the snow, uphill, both ways.

[MrBill]

$this->bbcode_second_pass_quote('rwwff', '
')
I've been thinking about this most of the day.... Why does my brain keep spitting out "post-bubble Japan". Problem is, I don't want to go "post-bubble Japan".

Inflation is currently trivial, but it feels aweful.
Interest rates are negligible but all we hear is fear of hikes.
Unemployment is below 5% but everyone feels the job market sucks.

I just have this wierd sense that within the past month or two, a huge heard of upper middle class people added up all their loans, then looked at their properties in the middle of the night while no one was watching, and said to themselves, "dang, there's no way in x that house, condo, whatever is worth that." Then the real moment of truth came later that night, when they sat down in front of their computers at home, brought up quicken, and couldn't bring themselves to click "reconcile" on their real estate account.

"Jamie, you remember when Donald Trump was laughing about being negative... I don't think he was laughing after he went inside."

At least with Japan, they had sub $20 oil for a while to help pull them out, along with a ramping up Chinese economy next door. Somehow, Mexico just doesn't strike me as the next industrial widget capital of the world.

Dang.

[Concerned]

$this->bbcode_second_pass_quote('MrBill', '
')Dude, I feel your pain. It sucks. Along with the Donald Trumps and wannabees the coming recession will wipe out honest people's savings and those nest eggs carefully saved for retirement. Free trade means nothing without fair trade. The US has been had even if they brought it upon themselves. But those like McEggs Bentsen or Kenneth 'I popped my own cork' Lay to save my kids' their inheritance will not be around to pay for this fiasco. They never are. Against the backdrop of peak oil it is almost too depressing to contemplate. Therefore, I will leave it alone and sign-in on Monday. No use being depressed on the weekend! Cheers.

[MrBill]

$this->bbcode_second_pass_quote('', 'T')he whole we "think" they "work" paradigm. LOL

[Concerned]

$this->bbcode_second_pass_quote('MrBill', '')$this->bbcode_second_pass_quote('', 'T')he whole we "think" they "work" paradigm. LOL