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| | #1 (permalink) |
| Junior Member Join Date: Jan 2007
Posts: 20
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If this is true, then we better try'n get rich QUICKLY: Bilderberg Plan To Destroy Middle Class Never heard of BILDERBERG? Bilderberg.org |
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| | #2 (permalink) |
| Senior Member Join Date: Apr 2007
Posts: 674
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The whole oil thing doesn't surprise me too much but I think the middle class thing is a relative measurement. I believe the only way to make the standard of living of the middle class unsustainable with their relative incomes is to decrease the real income for this class. Inflationary pressure from an increasing cost of living will also affect wages unless they can figure out a way to either decrease the demand for the skills these people have or increase the supply of people in the middle class workforce. |
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| | #3 (permalink) |
| Moderator Join Date: Nov 2006 Location: Berlin, Germany
Posts: 4,989
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That some smart people think increasing the Oil price to 200$ is a good solution against the global warming threat is something that makes sense to me. But then it is so much better to simply pollute the planet and destroy it. After all, global warming might harm the world in decades instead of immidiatly.
__________________ I am always open for feedback on my posts. If your feedback would go offtopic feel free to send me a Personal Message. My posts generally don't contain medical or legal advice, if you have a problem seek the opinion of an expert Talking about this in terms of “bad news” or “bad judgment by business leaders” seems archaic. It’s like describing World War One as “a serious diplomatic concern.” Bruce Sterling about the financial crisis. |
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| | #4 (permalink) |
| Member Join Date: Sep 2007 Location: In the woods of Oregon
Posts: 97
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Remember friends that oil will always be there, only the price will be different. What you can do is to get ahead of the game "before" the price of gas goes up.... Example: In my Micky Mouse one mule of a town there is only one service station and back in 2004 I paid in advance for 1,000 gallons of gas, at that time the price was of $1.79 per gallons but he gave it to me for $1.69 (big mistake) In the next two years gas went as high as $3.79 but my price was always of $1.69 for 1,000 gallons....... Now he has learned his lesson and wont do it anymore .....BUT...... he is willing to trade my silver (one oz rounds .999) for his gas at the current price plus .50 cents. I went ahead and gave him 50 oz and because silver was over $12.00 and my average was of $4.96 that meant that I was actually paying only $1.21 per gallon. Deals are always there and all that you have to do is to find them. |
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| | #5 (permalink) |
| Junior Member Join Date: Sep 2007 Location: Virginia
Posts: 6
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I think this will be like the frog in the water story, where, if you drop a frog in boiling water, it will jump right out, but if you slowly heat the water, the frog stays until it boils to death. The oil companies would do well (not saying this is what I would like to happen) to slowly raise the price through little shocks. Keep in mind that people are still buying gas even though in 1996 when I lived in Virginia Beach and gas was still $1.03 a gallon, people said they would never pay $3 a liter for gas like they did in Europe. All it took was time for them to change their minds. The only way that the oil companies can lose if for the masses to demand that alternative fuel sources or energy supplies be researched and implemented. Regardless of how much crude oil still exists, it is still not a never ending supply. Even if they drilled tomorrow and found a supply with 3 trillion gallons, it will eventually run out - certainly not in our lifetimes, but in our children's future. As to whether it will destroy the middle class - I highly doubt that. It may move the numbers used to quantify the middle class, but to eliminate it completely? There will always be a middle class, and if you think about history, there really always has been. The degree of flourishing has changed with economic gyrations and new technologies, but they have still always been there.
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| | #6 (permalink) |
| Moderator Join Date: Nov 2006 Location: Oblong, Illinois
Posts: 1,230
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I believe as prices stay at or above the current price many alternative energy sources will become economically viable and produced. The tar sands in Alberta and shale oil in the western United States are two examples of resources that are at current crude oil prices practical alternatives to the current supply. These alternatives also have the advantage of being in the U.S. and Canada and not in a more volatile region of the world. |
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| | #7 (permalink) |
| Member Join Date: Sep 2007 Location: In the woods of Oregon
Posts: 97
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Follow up: Just got back from "my" service station......at todays price for silver or $13.49 plus .50 I gave him 100 of one oz rounds so that my prices was of $1.03 per gallon. Won't have to worry about the price of gas for the next 1.5 to 2 years. |
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