GOV Sanctioned report on OIL and economy from 2001!
EYE opener! Not too hard to come to your own conclusions. The FED action is solely responsable for the RISE of CHINA, the FALL of the US ( we just don't know it yet) living standards, destruction of manufacturing, rise in inflation (though CPI is manipulated not to show it) and record OIL prices.
Does anyone think $60 PLUS OIL is something we just shrug off? NO my friends, I am sad to say a recession is in ouir future by mid 2006 at latest. My prayers are only that it is brief.
My research tells me different.
D
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