[Spridgets] Hope...for GM?

Ron Soave soavero at yahoo.com
Thu Oct 30 05:35:38 MST 2008


--- On Thu, 10/30/08, Guy Weller <> wrote:
> 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.

It is a reflection, yes, but the drop provides some support now of entering the next part (recovery) of the ever-present cycle with energy prices lower, albeit temporary. Presidential election...war in middle east seemingly receding...drop in energy prices...bank crises peaking...looks a lot like the early 1990s before the economy turned around (well, it's a helluva lot worse, but still...).

Ron


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