tag:blogger.com,1999:blog-6034478.post2566704511117182580..comments2024-03-28T13:23:45.254-04:00Comments on Doug Ross @ Journal: How Today's Falling Oil Prices Could Lead to a Financial CatastropheUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6034478.post-35935750575379385272014-12-05T14:58:31.250-05:002014-12-05T14:58:31.250-05:00Wait...does this mean instead of the "little ...Wait...does this mean instead of the "little guy" being screwed by high fossil fuel prices caused by market constraints combined with increased world wide demand, the "little guy" is NOW screwed because of low fossil fuel prices caused by increased production due to overspeculation combined with decreased world wide demand?<br /><br />Well, at least it'll be a change from getting screwed by the "Global Warming" elite! ;-)<br /><br />Thanks for reading!The MUSEmanhttp://unsolicited.elementfx.comnoreply@blogger.comtag:blogger.com,1999:blog-6034478.post-33967015439331709172014-12-04T22:50:30.155-05:002014-12-04T22:50:30.155-05:00The truth is that falling prices of a universally ...The truth is that falling prices of a universally consumed raw material are generally good for the economy despite the fact that some defaults may be triggered. To maintain that high prices are good because it staves off default of high risk debt is simply foolish and does not take into account the diffuse damage done to the economic situation of the people and companies who have to pay more than they otherwise would.<br /><br />--theBuckWheat<br />Anonymousnoreply@blogger.com