ViRedd
New Member
Oil speculators are driving the price of oil up? Damn, and all this time I thought it was Bush and his cronies at Halliburton.Rewriting the Bankruptcy laws opened the door for all of this.
Let me put it this way, before this unregulated markets led to the Tech Bubble, and now the Housing Bubble and the next Bubble to burst will be the Energy market Bubble. Oil Speculators are allowed to drive up prices due to lack of regulation and it won't be too long before the bottom drops out of the energy market. The result will not be a ressecion, it will be a down right depression that will make the 1930's look like a bump in the market.
Vi