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To: Toki

Speculators. And by speculators I mean the saucer men who control our economy.


5 posted on 01/11/2009 5:50:02 PM PST by John Jorsett (scam never sleeps)
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To: John Jorsett

Speculation is a part of market activity. Efficient markets punish speculators. Government policies encouraged and enabled the speculative bubble.

Energy markets seem to have more volatility than other markets. Energy is difficult to develop and there are few substitutes for certain kinds of energy. Poor investment decisions and government meddling can lead to volatile prices.


8 posted on 01/11/2009 5:57:55 PM PST by businessprofessor
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