His analysis seems sound. Remember the oil shortage of 1970s led to oil glut of 80s-90s , which led to shortage up to 2008. If the economy had not crashed we might have cycled through lows again, but the crash is starving investment. Plus democrats have multiple inflation strategies: unions, green energy, printing money, .
I feel like everyone, both parties, the media, the investment advisors are all lying to us about the value of government massive debt based action. Like in 1973 Soylent Green
posted on 01/26/2009 8:05:12 PM PST
(Obama : " We need swift immediate action on my 10 year government spending plan")
Rogers is a smart dude - his analysis on this seems sound to me too. Sound and horrifying.
posted on 01/27/2009 5:58:13 AM PST
(Corrupt business decisions get bailed-out. Why should I play by the rules?FReeper-pierrem15)
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