Collapse of EU??

[dagrimreefah]

So the increasing gas prices have nothing to do with supply growth not keeping up with demand growth? Or is that too a government conspiracy, and there is actually an infinite source of crude oil.

FFS You didn't even read a fucking word i said did you? You just automatically dismiss it as me saying everything is a "government conspiracy". Well if you can't at least have the common respect to THOROUGHLY read my reply first, well then, up yours i guess :p.

Anyway, markets, being chaotic systems, can generate pretty big recessions on their own.

Already stated this. I also stated that recessions caused by the booms of artificial credit creation by a central bank are much huger and deeper than any naturally occurring recession, and history backs that statement up.

I agree that the governments are making it worse by bailing out unsuccessful companies, though. I don't agree with total non-intervention, though. The government should be acting as a flywheel of the economy, smoothing out the oscillations of the market.

Funny, America didn't have this "flywheel" in the 19th century, yet we grew to be the biggest and wealthiest nation in the world at that time. Also, as I have argued, the central bank/gov't does more to create oscillations than it does to prevent them.

But interfering in the private sector is not the way to do it.

Something else we can agree on, yay!

What should be done IMO is going into debt and using it for infrastructural development (most bridges in USA are way past their intended replacement date), which would stimulate the construction sector, which would in turn stimulate the economy as a whole. But in times of good economy these debts should be repaid, and the governments are failing here because they're taking good economy as a signal to borrow even more.

As Thomas Jefferson said (and I agree with him 100%): "If I could go back in time, I would write an amendment to the constitution EXPRESSLY forbidding governemnt from borrowing money".

In theory, what you said sounds good. But in practice and as shown through history, it never works out for the better. Unless we get some RL angels or androids in government, politicians will always over borrow and overspend to avoid having to directly tax you. It never has, and I wager it never will work out the way you described above.

EDIT: Oh, and can't a good increasing in price have multiple factors that contribute to its price increasing? Is it really so hard to imagine inflation AND other factors can drive the price of a good up? Does it HAVE to be one and only one factor that contributes to the rising price of gas?

[dagrimreefah]

BTW, you speak of supply growth not keeping up with demand growth as far as oil is concerned? Recently (in the past 2 decades) HUGE oil caches have been discovered thanks to the technological advancements in the fracking procedures used. In the past 10-15 yrs we have discovered enough oil to keep the world supplied with oil (with projected increase in demand as well) for countless centuries to come. One of the most recent enormous oil discovery was in Brazil. The entire northern slope of Alaska, enough oil to supply the US with oil (after projected demand growth) for 2 centuries, has been deemed OFF LIMITS by who else? The US Federal government. But that's a side note.

Yes, inflation in my opinion is the driving force behind rising gas prices. You also forget about all of the manufacturing and transportation costs that go into gas production, including the costs of materials, labor, etc...; its not just simply about how much oil there is you know... :/

[Sarchi]

The Rothschilds are stealing all our money and are manipulating our government(s) to get richer.

[dagrimreefah]

Did the jews do 911 too?

[Mateusz_Zboj]

It's all masons fault, and Russians - they killed the polish president because he knew too much. The media is still wondering if there was a bomb on the plane. Seriously.
But honestly, EU need to deal with its problems or we will be doomed, red scourge or dangerous minorities. Dunno which is worse.

edit:
It began : o
http://www.eutimes.net/2012/12/french-government-cuts-immigrants-welfare-by-83/

[Gh0stw0lf]

So the increasing gas prices have nothing to do with supply growth not keeping up with demand growth? Or is that too a government conspiracy, and there is actually an infinite source of crude oil.

Anyway, markets, being chaotic systems, can generate pretty big recessions on their own. I agree that the governments are making it worse by bailing out unsuccessful companies, though. I don't agree with total non-intervention, though. The government should be acting as a flywheel of the economy, smoothing out the oscillations of the market. But interfering in the private sector is not the way to do it. What should be done IMO is going into debt and using it for infrastructural development (most bridges in USA are way past their intended replacement date), which would stimulate the construction sector, which would in turn stimulate the economy as a whole. But in times of good economy these debts should be repaid, and the governments are failing here because they're taking good economy as a signal to borrow even more.

This post just reeks of someone who took basic economics. A simplistic understanding at best.

[Tonopah]

Government is great!

With cancer-stricken Venezuelan President Hugo Chávez clinging to life in a Havana hospital, an intense struggle for power is under way in Caracas(..)

The Cubans are working feverishly to ensure Maduro’s succession to preserve their multibillion-dollar windfall of oil and aid from Caracas. China has pumped about $25 billion in loans that must be repaid in the coming years. Russia has sold $9 billion in arms and eager to capture lucrative oil and gas deals. Iran exploits Venezuelan territory as a platform for evading international sanctions. In addition, (..)These Venezuelan officials help transport tons of cocaine to Central America, Mexico, the Caribbean, the United States, West Africa, and Europe.

http://interamericansecuritywatch.com/v ... -roulette/

Adam Smith: "For in every country of the world, I believe, the avarice and injustice of princes and sovereign states, abusing the confidence of their subjects, have by degrees diminished the real quantity of metal, which had been originally contained in their coins.

The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it."

http://en.wikipedia.org/wiki/Adam_Smith

[Swarm]

They solved the world oil crisis by melting down a single American.

[borka]

Roger Noriega ?!? fine with me...