Consumer confidence up

[Todd33]

Originally posted by: Stunt

Originally posted by: Meuge
In other news, Oil/Natural gas CEO confidence waaaay up.

Margins in other industries are much larger than oil and gas.
I think those CEO's are far more happy.

How many markets are people forced to buy the product? How many have effective price fixing? Don't compare oil and gas to candy bars and TV sets, that's ignorant.

 

[charrison]

Originally posted by: Todd33

Originally posted by: Stunt

Originally posted by: Meuge
In other news, Oil/Natural gas CEO confidence waaaay up.

Margins in other industries are much larger than oil and gas.
I think those CEO's are far more happy.

How many markets are people forced to buy the product? How many have effective price fixing? Don't compare oil and gas to candy bars and TV sets, that's ignorant.

Where is the effective price fixing?

Gas is not a forced market, it may be less elastic than other markets, but it is by no means forced. There are plenty of gas sipping cars out there that will keep you away from gas stations for decent periods of time
.

 

[Lemon law]

For those who ask what new energy resource exists---sadly hot air from politicians does
not do it------but we could wish.

Remember when Bush was touting hydrogen and said it was years away. Nothing has been done since.

 

[Stunt]

Originally posted by: Todd33

Originally posted by: Stunt

Originally posted by: Meuge
In other news, Oil/Natural gas CEO confidence waaaay up.

Margins in other industries are much larger than oil and gas.
I think those CEO's are far more happy.

How many markets are people forced to buy the product? How many have effective price fixing? Don't compare oil and gas to candy bars and TV sets, that's ignorant.

With the overheating global economy, lower oil prices will only increase consumption and raise the price.

Lower prices will not stimulate technological advancement, maintain current consumption or have any effect on everyday people.

Thinking you can effectively price fix oil and develop alternate energy sources is ignorant.

 

[charrison]

Originally posted by: Lemon law
For those who ask what new energy resource exists---sadly hot air from politicians does
not do it------but we could wish.

Remember when Bush was touting hydrogen and said it was years away. Nothing has been done since.

Well money has been poured into research on using it, but that does not mean research turn into results in a short period of time. ANd this is not the first time the goverment has poured money into car research, spent billions and had little to show for it.


Thumbs up to toyota for coming up with system that saves gas without spending billions and having nothing to show for it.

 

[Lemon law]

Another thing to remember boys and girls,

Oil and gas are still relatively plentiful------what is kicking up prices is demand as China and India really are increasing their demands.

While US debt goes sky high---one day China's cash on the barrel head will trump our IOU's.

 

[charrison]

Originally posted by: Lemon law
Another thing to remember boys and girls,

Oil and gas are still relatively plentiful------what is kicking up prices is demand as China and India really are increasing their demands.

While US debt goes sky high---one day China's cash on the barrel head will trump our IOU's.

The debt to gdp ratio is not that significantly different than when bush took office. And that ratio appears to be on the decline again.

 

[Stunt]

Originally posted by: Lemon law
Another thing to remember boys and girls,

Oil and gas are still relatively plentiful------what is kicking up prices is demand as China and India really are increasing their demands.

While US debt goes sky high---one day China's cash on the barrel head will trump our IOU's.

You think the Chinese will be able to pay more than Americans for oil...
:laugh:

 

[Lemon law]

No, they won't have to.

They will just cease loaning us money.

No money no buy.

 

[ntdz]

Originally posted by: Lemon law
No, they won't have to.

They will just cease loaning us money.

No money no buy.

Where do you think countries get the money to give us loans? Japan is in debt just as much as we are, and they still buy our debt. I know China doesn't have trillions laying around in cash to buy our debt, either. They buy our debt, someone else buys theirs, it's an endless circle.

 

[EatSpam]

Originally posted by: ntdz

Originally posted by: Lemon law
No, they won't have to.

They will just cease loaning us money.

No money no buy.

Where do you think countries get the money to give us loans? Japan is in debt just as much as we are, and they still buy our debt. I know China doesn't have trillions laying around in cash to buy our debt, either. They buy our debt, someone else buys theirs, it's an endless circle.

China gets all of our consumer dollars from the Made in China stores like Wally-World, Target, Toys 'R Us, Best Buy, etc. That's why they have cash to loan us.

 

[Stunt]

Originally posted by: EatSpam
China gets all of our consumer dollars from the Made in China stores like Wally-World, Target, Toys 'R Us, Best Buy, etc. That's why they have cash to loan us.

So if the US market collapsed, you would see how China would have significant hardships.

America and China at this point are inseparable, there's no way China will have more money to spend on oil than the US will. Such a claim is bogus, just as the sudden collapse of the US is.

 

[charrison]

Originally posted by: ntdz

Originally posted by: Lemon law
No, they won't have to.

They will just cease loaning us money.

No money no buy.

Where do you think countries get the money to give us loans? Japan is in debt just as much as we are, and they still buy our debt. I know China doesn't have trillions laying around in cash to buy our debt, either. They buy our debt, someone else buys theirs, it's an endless circle.

Actually japan has alot more debt than we do. THeir debt to to gdp is over 100%, our is a more modest 65%.

 

[ShadesOfGrey]

Originally posted by: charrison

Originally posted by: ntdz

Originally posted by: Lemon law
No, they won't have to.

They will just cease loaning us money.

No money no buy.

Where do you think countries get the money to give us loans? Japan is in debt just as much as we are, and they still buy our debt. I know China doesn't have trillions laying around in cash to buy our debt, either. They buy our debt, someone else buys theirs, it's an endless circle.

Actually japan has alot more debt than we do. THeir debt to to gdp is over 100%, our is a more modest 65%.

who owns the National Debt

Seems we own the lion's share of our debt.

I think people as a whole don't understand what the National Debt is, or is made up of. They can't if they keep harping on how "bad" it is. We owe ourselves money, about 6Trillion worth.

 

[Stunt]

Shades of Grey is right...people don't even consider all the bonds and t-bills they own independently and through mutual funds.

Americans own most of the US's debt. Americans in turn buy other nation's debts, assets and other investments.