| 16:34 |
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its differnt this time; this time its peak oil.
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it's always 'different this time'. they said that last time, and the time before - maybe even the time before that.
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| 15:56 |
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| 15:52 |
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| 15:32 |
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sry chancer, your way behind the curve on this one, i dont have the typing in me to bring you up to speed.
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we've been here before, at least twice in the last 30 years and each time there was the same extrapolations either to peak oil or endless price increases. it seems incredible that oil was just $30 four years ago.
long term oil will be higher than now and it may go higher than $145 this year, but before it gets to let's say $200, it will visit sub $100 first.
nobody forecast $145, so i don't believe the experts' forecasts, especially about the future.
i rely on the inevitability of market cycles and my guess is we're near the top on oil simply because of the huge increase which will lead to new finds, or previously uneconomic ones becoming viable, more efficient use, and alternatives.
it will also lead to burned fingers for many who think it's a cert speculation. it isn't. as they say, the only certs are death and taxes.
nowt like a price spike to get the old creativity motoring, to coin a phrase.
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| 14:36 |
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Gary Hoffman, currently vice chairman at Barclays, has been appointed the new Chief Executive at NRK.
He is a Coventry City fan so he is used to dealing with dire situations.
Rock.
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| 14:34 |
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| 14:24 |
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i dont think global demand for oil has ever fallen even in the worst recessons in living memory...and that was before the rise of india china who are aiming to give their populations a US lifestyle ...
even this year we are not in recession; world economy will grow some 3% (i think) and demand for Oil will rise in line with growth in world economy.
Mega dont beleive the nonsense you read in the news papers.
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but to be fair, real demand is not the cause of $145 oil. yes, there has been solid demand but there's been big time speculation. recently oil has spiked and could well settle at $100 or less. this would not be inconsistent with growing real demand.
one of the big inflation problems is the effect of switching crops to ethanol producing, instead of grub.
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| 13:47 |
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Oil price is dropping because demand is falling due to people cutting back on consumption.
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i dont think global demand for oil has ever fallen even in the worst recessons in living memory...and that was before the rise of india china who are aiming to give their populations a US lifestyle ...
even this year we are not in recession; world economy will grow some 3% (i think) and demand for Oil will rise in line with growth in world economy.
Mega dont beleive the nonsense you read in the news papers.
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| 12:29 |
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'nah, today cut just reflects the recent drop of some $15 in the price of Oil, but mjost of the inflation from the rise up to $145 hasnt even arrived to the uk economy yet. the price of Oil will continue to march northwads. who dya trust the uk spin doctors who lie to you every day? or gazprom who holds the supply strings? '
Oil price is dropping because demand is falling due to people cutting back on consumption. This will cause a reduction in inflation. Gazprom is controlled by the Russians and I certainly would not want to rely on them for supply.
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| Tue 19:02 |
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"I'm absolutely convinced that no leak emanated from the Bank of England. I have no idea where the leak came from."
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obvious - it came from the dozy lot at the crock. it was their 'put pressure on gov / boe' straturgee.
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| Tue 13:54 |
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nah, today cut just reflects the recent drop of some $15 in the price of Oil, but mjost of the inflation from the rise up to $145 hasnt even arrived to the uk economy yet. the price of Oil will continue to march northwads. who dya trust the uk spin doctors who lie to you every day? or gazprom who holds the supply strings?
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| Tue 13:52 |
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| Tue 09:40 |
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Petrol price war started today..... 5p drop in some garages.
This is good news and will allow interest rate cuts soon. Therefore a major crash will be averted. All doom and gloom over.
As I said before..... 2 years or so and we will be back to rising house prices.
Mark my words !!
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phewww!! thassarelief, innit.
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| Tue 08:26 |
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| Tue 01:54 |
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Petrol price war started today..... 5p drop in some garages.
This is good news and will allow interest rate cuts soon. Therefore a major crash will be averted. All doom and gloom over.
As I said before..... 2 years or so and we will be back to rising house prices.
Mark my words !!
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| Mon 14:46 |
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| Mon 12:45 |
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gov. spending needs to be cut, taxes reduced, ppl need to be encouraged to save again, pension tax raids need to be reversed, a effigy of brown needs to erected somewhere so ppl can throw rotten fruit at it.
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| Mon 12:35 |
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| Mon 12:28 |
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website does have a quality feel about it. Although I agree 40% falls are unlikely until there is a recession with high unemployment etc. Hard to see that happening with the gov still having high revenues from north sea and set to borrow and borrow until the credit is maxed out. Brown is like a gambler in a casino who has lost all his cash and withdrawn all the dosh he can from the other gamblers in the room, sold his gold teeth, spent the savings, but still finds his credit is good for another spin of the wheel. Oh and the good news is we get to pick up the tab.
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| Sun 16:24 |
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http://www.housepricecrash.co.uk/
the facts at thiis link -------- house prices will fall 40% over next 3 years
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whilst i think a fall of 30% is likely, and maybe even 40%, this web site's opinions aren't fact. and why do i somehow think a web site called housepricecrash might be just a tad biased.
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