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Originally Posted by Kitsune
Anyone care to offer their predictions on what all of this will eventually lead to? Are we going to see a massive collapse of the economy, a recession, or is all of this fairly temporary?
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not so sure that it's temporary. and i can see the oil companies forcing a recession out of greed. they're fixing to spend billions fixing their refineries, pipelines and offshore platforms. of the 10 or so helecopters i worked with all day yesterday they came across numerous damaged or destroyed platforms in the 50-75 mile radius we were working. unfortunately, those costs, like any other to any consumer for any product, will fall back on us as if it hasn't already happened. well, i know i feel the impact.
i am reminded of that old cocain commercial in the late 80's/early 90's only here is a different spin:
"i buy gas so i can go to work to earn more money to buy more gas so i can go to work so i can earn more money so i can buy more gas...."