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alstry (< 20)

OIL $102...I Told You



March 02, 2011 – Comments (2)

Each dollar in the rise of oil is a dollar taken away from the rest of the economy....and as oil prices go up, so does food prices because it has to be packaged and shipped to you.....

We knew Benny The B's zombulation policies would drive food and fuel prices up....and the value of everything else down......including wages as more and more businsses will be forced to shut down as revenues evaporate away from food and fuel.

Since most people DO NOT work or benefit from the rising costs of food and fuel...expect stress and frustration to only rise going forward......both inside and outside America.  Parents will have an increasing difficult time feeding their families, employers paying their employees, students paying debts.......

Don't fret yet...the speculators still really havn't driven up oil prices yet....but when they do, we will be forced to adopt even more efficient digital technologies taking us deeper into the

But you all knew this was coming....RIGHT?

2 Comments – Post Your Own

#1) On March 02, 2011 at 11:50 PM, HarryCaraysGhost (87.08) wrote:

But you all knew this was coming....RIGHT?

Well yeah dude! if you stare at the ticker long enough you get a feel for these sorts of things. I would say that 75% of Fools knew that oil was going up.

Just a rough estimate.

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#2) On March 03, 2011 at 9:24 AM, alstry (< 20) wrote:

And as food and fuel keep rising....and wages keep falling....expect social unrest to spread like you have never seen in world history.

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