How's That Recovery Comin?

[Antitrust32]

Originally Posted by ateamstupid

You can't answer the question. I'm asking you why gas prices go up. They've skyrocketed since 2006. I want your explanation for it, to see if it's equally as clueless and naive as your views on the collapse of the housing bubble.

mainly supply and demand (it always jumps during travel seasons), OPEC, natural disasters affect prices (they jumped up a large amount after Katrina), and yes, middle eastern conflicts affect supply. a massive increase in demand from other countries (China in particular) affect price increases.

gas prices bairly flinched in the 20 years prior to the mid 2000's. I personally believe gas prices are where they should be for 2011.

[ateamstupid]

Originally Posted by Antitrust32

mainly supply and demand (it always jumps during travel seasons), OPEC, natural disasters affect prices (they jumped up a large amount after Katrina), and yes, middle eastern conflicts affect supply. a massive increase in demand from other countries (China in particular) affect price increases.

gas prices bairly flinched in the 20 years prior to the mid 2000's. I personally believe gas prices are where they should be for 2011.

And everyone knows there was no conflict in the Middle East, no increase in demand, no natural disasters, no travel seasons and no OPEC in that time period.

It's your poor persecuted Wall Street saints. Commodities speculation increased more than 1,000% from its historically minor level in the 90s to over $200 billion in the mid 2000s. It's price fixing, nothing more, nothing less.

[randallscott35]

Originally Posted by ateamstupid

And everyone knows there was no conflict in the Middle East, no increase in demand, no natural disasters, no travel seasons and no OPEC in that time period.

It's your poor persecuted Wall Street saints. Commodities speculation increased more than 1,000% from its historically minor level in the 90s to over $200 billion in the mid 2000s. It's price fixing, nothing more, nothing less.

But speculation doesn't exist. http://www.zerohedge.com/article/lets-break-peculator

[ateamstupid]

Originally Posted by randallscott35

But speculation doesn't exist. http://www.zerohedge.com/article/lets-break-peculator

It's just a video game until the batteries run out. Then we get to replace them.

[randallscott35]

Originally Posted by ateamstupid

It's just a video game until the batteries run out. Then we get to replace them.

Nice to see you've come over to the Coach and Randall side of the equation. You might be allowed into our Waco like compound.

depopulation is the endgame. They don't need us anymore and if you deny that then you have way too much faith in the leaders of the world.

Food shortages will be the story in the coming years. In time, Americans will be limited to one to two children per family.

[randallscott35]

Originally Posted by Coach Pants

depopulation is the endgame. They don't need us anymore and if you deny that then you have way too much faith in the leaders of the world.

Food shortages will be the story in the coming years. In time, Americans will be limited to one to two children per family.

After seeing how hard havng one kid is, that might be the right number. Man oh man. Daddy needs sleep.

[lord007]

Originally Posted by Coach Pants

[herkhorse]

http://youtu.be/qpsy_GqfbPw

[randallscott35]

Required Reading

According to a just released report by the BLS, the average unemployed American looked for a job for about 5 months, or 20 weeks, before giving up in 2010. This is a two and a half times extension in the period of disenchantment over the past 3 years, when it took just 8.5 week for the unemployed to give up as recently as 2007. Gradually the feeling of entitlement in America's labor pool seems to be deflating. Alas, it also means that the labor force participation, which continues to be at a 25 year low, will likely not return to recent highs as more and more people are now unemployed for longer, and thus lose marketable employment skills, meaning that the current jump in unemployment is, as many have feared, entirely structural and there is nothing cyclical about it. Additionally, the lucky unemployed succeeded in finding a job in about 10 weeks in 2010, a doubling from 2007's median 5 week period of successful job searching. The issue however is that in May 6.2 million had been out of work for more than six months and more than 4 million haven’t work in more than a year. These are people who are now effectively pushed out of the labor force. Bottom line: perhaps the Fed should just give up on its maximum employment mandate which it now appears to be a complete failure, and just focus on generating hyperinflation which alas will soon be the only way out of the complete disaster America will find itself in in under a year when total US debt is about 120% of GDP.

October is the date for the next stock market crash. Just post more pro-lib cartoons, idiots.