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NJmaverick (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:14 AM Original message |
The reason for this recession is simple- FUEL PRICES |
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NMDemDist2 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:15 AM Response to Original message |
1. nevermind |
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madinmaryland (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:16 AM Response to Original message |
2. The US HAS to get serious about conservation and |
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MadinMo (519 posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:26 AM Response to Reply #2 |
11. This is one of the many things I don't understand |
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NJmaverick (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:36 AM Response to Reply #11 |
13. I think that the CAFE is the place to start |
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MADem (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 12:05 PM Response to Reply #11 |
36. Yeah, that worked so great under Carter...NOT. |
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DemocratInSoCal (402 posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:18 AM Response to Original message |
3. WRONG!! You Can't Say It's One Cause |
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NJmaverick (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:20 AM Response to Reply #3 |
5. Fuel prices is the underlying fundemental cause |
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Johonny (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:45 AM Response to Reply #5 |
19. I disagree |
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NJmaverick (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:47 AM Response to Reply #19 |
20. The drop in value is the result of the huge inport VS export |
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Parche (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:43 AM Response to Reply #3 |
18. oil |
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A wise Man (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 11:17 AM Response to Reply #18 |
28. Thank you, nuff said |
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natrat (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 11:20 AM Response to Reply #3 |
29. exactly-currency issues,world demand,debt,lont term economic cycles,war etc etc |
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MercutioATC (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:20 AM Response to Original message |
4. Ummm...it's a little more complicated than that. |
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NJmaverick (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:21 AM Response to Reply #4 |
6. The war has had a negative impact |
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MercutioATC (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:25 AM Response to Reply #6 |
10. One of the reasons for higher oil prices is the devaluation of the Dollar. |
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Andy823 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:52 AM Response to Reply #10 |
23. It's the George Bush |
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NJmaverick (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 11:02 AM Response to Reply #23 |
25. Go figure, put an oil guy in charge and prices triple |
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NightWatcher (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:23 AM Response to Original message |
7. it's the dollar and the fact that it takes more of them to buy something than a euro |
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sinkingfeeling (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:24 AM Response to Original message |
8. No. The basic problem is that we even have a 'consumer driven' one and that people and the |
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Speck Tater (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:24 AM Response to Original message |
9. According to Financial Times... |
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ConcernedCanuk (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:32 AM Response to Original message |
12. Umm - I disagree - things like the Wars in the ME, the sub-prime fiasco and outsourcing come to mind |
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NJmaverick (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:37 AM Response to Reply #12 |
14. Many of those factors hurt |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:37 AM Response to Original message |
15. it's that simple--in a way |
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NJmaverick (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:38 AM Response to Reply #15 |
16. I agree |
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Sherman A1 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:43 AM Response to Original message |
17. I believe this is a bit too simplistic of an answer |
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Winterblues (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:48 AM Response to Original message |
21. But there is a reason for higher fuel prices as well |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:48 AM Response to Original message |
22. And the reason for the fuel prices is : |
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Locrian (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 10:58 AM Response to Original message |
24. the belief in continuous growth |
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The2ndWheel (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 11:07 AM Response to Original message |
26. It's the human corporation waking up |
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natrat (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 11:24 AM Response to Reply #26 |
30. exactly-game over |
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nebula (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 11:12 AM Response to Original message |
27. Higher fuel prices creates inflationary effect |
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NJmaverick (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 11:49 AM Response to Reply #27 |
31. That's how we got the stagflation of the 70s |
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nebula (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 12:03 PM Response to Reply #31 |
34. And high unemployment |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 11:54 AM Response to Reply #27 |
32. the investment class NEEDS their 10% gains EVERY year. |
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Fireweed247 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 11:55 AM Response to Original message |
33. The oil companies are making record profits |
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taught_me_patience (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 12:03 PM Response to Original message |
35. So wrong |
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Festivito (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 12:16 PM Response to Original message |
37. Irresponsible borrowing and irresponible spending is my view. |
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DCKit (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 12:42 PM Response to Original message |
38. 46% of our oil is produced domestically. |
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DU AdBot (1000+ posts) | Wed Apr 24th 2024, 11:32 PM Response to Original message |
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