Sunday, February 27, 2011

10 Ways Rising Oil Prices Will Endanger the U.S. Recovery

These 10 factors are mutually exclusive. Indeed, many are complementary. It's not likely we would see consumer sentiment fall without the residential real estate market taking a hit, for example. That's why prolonged high oil prices are so dangerous -- they could create a domino effect that would poison many different aspects of the U.S. economy.

1 comment:

Anonymous1 said...

Prophecy is playing out before our very eyes. Look back to this type from the past:
Antiochus IV Epiphanes
http://en.wikipedia.org/wiki/Antiochus_IV
He has the following characteristics:
1. Raisor of taxes.
2. Adverse to Israel
3. Proclaims peace, but causes unrest.
4. Has an illness that takes him out in the end. (Who is skinny and ill looking?)