The Japanese Market is collapsing

[ChichiriMuyo]

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 Iraq

 

I'm almost at a loss of words.  I simply don't know how anyone can be so blind.  It's been 5 years since the war ended in Iraq and they still aren't back up to 50% of their pre-war oil production.  WHAT THE FUCK DID WE SECURE?  I want to rip my hair out and throw it at you for being so daft.  It's going to take 5 more years before they are close to having the production they used to and another 5-10 more after that before they get back onto the track we derailed them from.

And that's IF they can get back on track.  If you haven't heard, Iraq has an electricity crisis going on, and if they can't get electricity to the oil rigs how in the hell are they going to get their production back up?  Seriously, read some news.  http://electroniciraq.net/news/aiddevelopment/The_Iraqi_electricity_crisis-3231.shtml  Read anythign, for god's sake.

We've done nothing to secure the flow of oil from Iraq, and really done most of the things we could to STOP it.  And threatening to attack Iran 4 years after they quit their nuclear weapons program didn't help the cost or supply of oil any, either.  You'd have to be a complete fucking moron to think we've got anything secure in Iraq.  We can't even keep our troops from throwing puppies off of cliffs and torturing people, let alone run their entire country.