stclam said:
cwbys21 said:
kazadoom said:
All you people blaming George Bush, please name one thing that he specifically has done to cause this? It is amazing to me that you think that one man has all this power. Please name one thing that he himself did specifically that caused Japan's bad market, if it really is that bad. Plus the US market other than the housing market is not bad anyway. |
The Iraq war comes to mind. That causes the price of oil to go up (just as it does whenever fighting breaks out in the Middle East), costs to fill tank to go to work/store/family goes up, cost to transport everything goes up, cost of electricity goes up in areas where they burn oil in power plants goes up, wages stay the same. |
I disagree with it In the long term, the Iraq war will keep the oil price down. This war secured the oil supply from Iran |
I disagree. The economic turmoil will ensure that commodity prices keep rising as the markets move into what is perceived as the only safe haven for capital.
