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Thread: How can we live in the era of skyrocketing crude oil prices?
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[quote=MARRIE,273995]Recent news says lots of locations with heavy industry reports power shortage and OPEC doesn’t plan to boost its oil productions. Shot up commodity price, especially oil and gold reflects people, in order to keep assets from being diluted from the depreciation of US dollar, is accumulating gold or other commodity in the vault. The high cost of energy-oil has been the culprit of inflation that is deadly harmful to economy. Latin and South East Asia debt crisis did originated from oil and were subsequently screwed up by financial systematic downward spiral. The question is since oil and its price control count up to macro economy and down to people’s daily life, whether US significant influence in Middle East should be supported or not.[/quote]
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