Sunrise sunset times
Quote:The interesting part
bring up:the interesting partake of of the article to me was the migration of investment from historic securities into industrial commodities as the result of the current instability of the traditional securities markets and how that creates an artificial market vital independent of store and on presentation.
Yes and all credit to you for appreciating that - many well paid analysts seem to be completely blind to it. But you’re missing (or evading perhaps?) the underlying cause of it: That the rentier class who have extracted massive wealth from society via the manipulation of asset price inflation in both the equity and property markets are no longer able to do this as those bubbles are on the point of bursting. They are therefore now manipulating the oil futures market to extract wealth from that. The main point is that these people are not contributing one gramme of value for all the wealth they extract from these markets.
quote:make plain the credit/money can of worms, and the worth of crude will go right bet on a support to perhaps 70 or 80 dollars a barrel, where supply and demand say it should be.
Yes but you are not going to “Solve the credit/money problem” in an unregulated market. The romantic ideal of the free market is Bentham’s “greatest happiness to the greatest number”. The reality is that the big players are able to manipulate to their benefit and the detriment of everyone else.
The outcome of this will not be a solution but another burst bubble. And these parasites will move on to continue hoovering up the planet’s wealth in some other way.
Related posts: Maltese falcon sailboat
June 21st, 2008 at 11:57 am
[…] Friends « Sunrise sunset times […]
July 6th, 2008 at 12:34 pm
[…] posts: Sunrise sunset times, Hancock fabrics, Habbo usa, Maltese falcon […]
September 20th, 2008 at 11:37 am
[…] posts: Sunrise sunset times, Kite-surfer who hit building improving, mom says, Foxfire movie, Danicka patrick, Queen rania […]