[Spridgets] Hope...for GM?

David Lieb dbl at chicagolandmgclub.com
Thu Oct 30 04:38:21 MST 2008


> The problem is that the sudden turn-around in fuel prices is nothing to do
> with improved efficiency or better marketing, as is needed for the 
> economy.
> It is a direct reflection of a fall in demand because of the down turn in
> the economy.  So falls in fuel prices reflect the exact opposite of what 
> is
> needed for the manufacturing economy as a whole.

I beg to differ. What happened when it turned out that packaged mortgages 
were a bad investment? The "money" looked for something else to invest their 
funds in. Petroleum futures went nuts. Rising gas prices were a result and 
the justification for more investments. Self-sustaining up-spiral. Then 
things started to crash and the "money" had no funds to invest. Prices 
started sliding back down. 


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