Oil Rig Explosion in the Gulf of Mexico

The American people are so gullible they will believe anything! The Exxon Valdez spilled 250,000 bbls thats less than 1/16 of 1 days imports and they went up for months with all those pictures they had to show Joe six pack!

 

NOPE! Just another bucketmouth!

 

You left one major theme out of your doomsday Economics theory...or should I say conspiracy...China...in the recent previous 4-6 years, china has been buying up large (excessively large) quantities of refined oil (both gas and diesel), their storage tanks are close to the top and soon they will be reducing, if not stopping their purchasing levels. when this happens, the supply side will outrun the demand side, and the prices will drop to a point where the demand will need "tweaking", then the game starts over.

Another major factor in the "world economy" was predicted many years ago when the "Euro Dollar" was conceived. How do you create a new currency, based on the compilation of worthless, multiple currencies? The new currency has no basis in "worth", has no value, except what has been "declared" by those that conceived it. And once its "credit value" has been over extended, the bottom will fall out...welcome to today...the beginning of the bottom falling has begun. It will not be to far in the future, that all of the world economies will return to the individual countries, a point that was left behind when the "Euro" was established. And, today, we in the only economy backed by value, or what value we had with industry and an established "tax system" are now bailing out an insolvent, worthless, monetary system, headed by corrupt governments and the equally corrupt government treasury system.

 

Yep your right I did leave out the Fiat money a Fiat car has more value ! I aint seen one of those in decades!

 

They originally were supposed to mint Euro Dollar coins with 10% value of silver weren't they? They even minted a few samples but the vast majority of euros are just like the FRN they exist only as computer entry not even backed up with wortless paper! I call it that Vast Empty Warehouse where they keep the imaginary money! It's like the Bankers wanting all the money they can imagine. If Congress gives them all the money they can imagine today tomorrow they will be able to imagine MORE!

 

No wonder no one will admit to being a trillionaire! Relax everyone I'm going to Bed!

 

If I were, I would admit it and turn around and play Oprah and give all of my friends here on the forum whatever truck they would like to own...and I would even pay the tax! but since I am not...and there is no conceivable way of achieving this dream...frankly my dear...yadda, yadda, yadda!

 

They call them Chryslers now.