The Black Hole Of Deflation

TMO ^ | 6-26-2012 | Julian DW Phillips

[catfish1957]

I have worked for the oil industry over 30 years, and your comments about it having a bright future is bogus. Sales and production projections indicate that demand will drop hurting the group. This will then trigger a reduction in investment of infrastructure, creating a double whammy on local economies where they opeate. I am not talking early 80's armagaddendon, but the outlook is bleak. Margins will be in the toilet.

You really need to research better before making polyanna comments.

[Southack]

You need to visit North Dakota today before spouting that somehow the oil industry is in bad shape.

Quite the contrary.

The oil industry is booming! Hello Houston, Texas!

[catfish1957]

Germany is trivial to the U.S. economy.

Are you that naive.? All the major industrial economies are interwined. Just watch the impact on the Dow, everytime someone sneezes in Greece or Spain. You're less competent than I thought if you think a collapsed Euro is not going to have a domino effect here.

Comment 2, the FPI? That is a lagging indicator which is pretty much responding the little faux recovery we had earlier in the year. Nothing more, nothing less.

Web 3.0? (Snicker, that's a real barn burner, if this is a indication of what you think is harbringer of good news, you've really stretched it) .

[catfish1957]

Yes, I have seen ND, and you know nothing of mini-booms and short term trends. By the way Einstein what was the WTI today?????? And that versus 2 months ago. You know absolutely nothing about my industry.

[catfish1957]

And another point ot your silly comments about North Dakota. Land based E & P operations are low cost, endeavors that can be capped with minimal manpower and equipment. Watch oil go down another $20/bbl and see. These ND sites will then become ghost towns until the price of oil has shown a sustained recovery.

Geez.....I feel like I am talking to a 5 year old about "grown-up" stuff.

[Southack]

Fracking is NOT a short term trend as you would pretend. Fracking is saving the U.S. Economy.

[catfish1957]

Fracking is NOT a short term trend as you would pretend. Fracking is saving the U.S. Economy.

I give up. There is no use in arguing about things that you know absolutley nothing about.

Fracking is saving the US economy???? LMAO Hey bud.... start a thread with that as the heading..... I dare you!!!!!

[Marie Antoinette]

Bump for later...

[editor-surveyor]

I’ve made nothing up.

The almost two trillion of “stimulus” and printing of funny money is all that there is in “liquidity” out there.

We cannot recover from the debt this insane ploy has created.

You can be forgiven for your ignorance; you’re in a large crowd.

[editor-surveyor]

Southcrack knows nothing about economics, nor petroleum. He just likes to post on things he knows nothing about.

[Southack]

You’re like my little online pet. “Yip, yip” you bark about government debt...unable to grasp a post about private investment.

Poor thing. I pat you on the head anyway. You dont know any better.

[editor-surveyor]

You’re unable to grasp that there’s no real liquidity out there; just the money expansion of the debt.

It’s killing us.

[Southack]

You keep acting as though the entire private economy is nonexistent...probably because you are unemployed. Regardless, it is just another in a series of opinions on which you diverge from reality.

[Southack]

Fracking Is Saving The U.S. Economy: http://online.wsj.com/article/SB10001424052702304441404577480952719124264.html

[catfish1957]

WHAT?!?!!?!?

Is that a joke? Fracking incrementally helps on dependance, but you are screaming that it is saving the economy?!? You are a bigger fool than I thought. You probably thought no one would check the link huh? BUSTED!!!!!

Now move down the hall sonny, and let the grownups talk about the economy, or go to your day job of writing headlines for MSNBC.

[Southack]

You didn’t read the article...

[catfish1957]

Don't worry. South-hack will provide you a bogus "link", after he has prepared one on the Fast and Furious gun exchange party with nice guys.

I hope the goober puts all his eggs in the market. Noobs, sheesh!!!!!

[catfish1957]

I don't want or need to subscribe to WSJ, so I didn't get to read the entire article. If this jr. WSJ correspondant said that (if she did), that would make it gospel?

Southcrack, you hedging your reputation on a lady named Angel? (Snicker)

Thanks for playing though.

[Southack]

The article has fact-based stats and research. Shame you criticized it without reading it...

[catfish1957]

EXTRA EXTRA READ ALL ABOUT IT!!!!!

Southack announces that entire economy is saved by some Fracking good oil exploration techniques!!!!!! Never mind the $17T defecit, all the other unfunded mandates, or Socialist Legislators.

MOFOS...SOUTHACK HAS SAVED US!!!!!