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Usui Takumi

China Growth Rate

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Filed: Country: United Kingdom
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The price of oil is still inflated. I remember the Exxon CEO saying that pure supply and demand would put oil at $60.00 - $70.00 a barrel.

So when the evil speculators gun it down to $30 a barrel, will there be an FTC investigation then?

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Filed: Country: United Kingdom
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Is that a likely scenario? Didn't think so.

Happened in 1998 (Asian financial crisis - prices collapsed to $10 a barrel) and again in 2008 (global financial crisis, prices hit $30 in December), can't see why it can't happen again this year (European debt crisis).

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Happened in 1998 (Asian financial crisis - prices collapsed to $10 a barrel) and again in 2008 (global financial crisis, prices hit $30 in December), can't see why it can't happen again this year (European debt crisis).

I see. The price did not erode because demand weakened significantly but because commodity gamblers decided to subsidize the commodity. Alrighty then.

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Filed: AOS (pnd) Country: Canada
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I'll ask you that question the next time you go on one of your cigarette rants.

Ask me what? To explain to you how the market works and how it doesn't?

Cigarette market is failing thanks to government intrusion of being overtaxed, over regulated, etc. An industry that would still be prominent today if it weren't for the tight arm of government.

Solar is barely selling thanks to government intrusion that gives tax breaks, light regulation, etc. An industry that might be doing better (or might be extinct by now) if it weren't for subsidies.

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10/25/2010 - Packet 3 Received!

02/07/2011 - Medical!

03/15/2011 - Interview in Montreal! - Approved!!!

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Filed: Other Country: Russia
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Ask me what? To explain to you how the market works and how it doesn't?

Cigarette market is failing thanks to government intrusion of being overtaxed, over regulated, etc. An industry that would still be prominent today if it weren't for the tight arm of government.

Solar is barely selling thanks to government intrusion that gives tax breaks, light regulation, etc. An industry that might be doing better (or might be extinct by now) if it weren't for subsidies.

So people would choose to pay for something that is useless and leads to a slow and painful death. But they are not willing to pay for something that could end the dependency on foreign oil and all the grief that goes with it. OK, I better check my dictionary - sounds like someone has changed the definition of fail.

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Filed: Country: United Kingdom
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Happened in 1998 (Asian financial crisis - prices collapsed to $10 a barrel) and again in 2008 (global financial crisis, prices hit $30 in December), can't see why it can't happen again this year (European debt crisis).

I see. The price did not erode because demand weakened significantly but because commodity gamblers decided to subsidize the commodity. Alrighty then.

Exactly. Demand only weakened 10% or so, yet the bottom fell out of the oil market and prices plummeted.

Interesting how your mind works. Speculators can only drive prices up, but when they fall $30-40 below market fundamentals, that's supply/demand at work.

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