the price of petrol before the US lead war in Iraq was less than half of what it is now.Guess where will it be in the event of yet another war?
the way that I see it is this America's wasteful attitude has caused price explosion that is rapidly filtering through and being absorbed by all other nations.
let's face it China's Boom is driven by Wal-Mart's demand.
in the meantime with weaker US dollar investors like you and me around the word are now paying the price for over zealous American billionaires who were lining the pockets with commissions generated from sub prime mortgages.
we are paying the price for it now.
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