javier cervela

Goldman Sachs: Gasoline Not Driving Oil Price

One more thing. The dollar situation is the result of US being the largest debtor nation in the world. About 2.5 billion dollars a day are needed to finance deficits. If China and other Asian countries do it is because allow them to keep and develop their industries. About the military: Irak is a perfect indication of the limits of US military power.

Goldman Sachs: Gasoline Not Driving Oil Price

We are exactly at the end of an oil-regime (peak oil) and the consequences are already serious if we add the drought (green house effect) that agravates the food crisis is easy to see that radical changes in the economic structure of the world are already happening. Politicians, pundits, and economists at the service of the media and corporations do not want to confront the situation. But it is a change of historical proportions. Cervela