oliverstoneismydaddy

How Bad Is the Oil Shock of 2008?

Oil got to the $80-90 range on supply/demand basis. About the same time (August 07) the housing bubble really starting bursting in earnest. Banks and brokerages going broke, enter soveriegn wealth funds from the mid-east and asia. Oil goes from $85 to $135 due to speculation. Any connection? Send responses to the grassy knoll.