Monday, June 20, 2005

PUMPING/BALLOONING

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From FBI's most wanted poster

Many contrary actions at work means a tipping point has been reached. American housing is 100% oil dependent. Or one should say, cheap energy dependent. The price of these energy intensive houses are going up and up at a mad rate. Meanwhile, the cost of energy is going up and up just as fast. These two forces are contrary to each other...in the long run. One of them has to give and the betting is, it ain't the oil.

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