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If we maintain a "bumpy plateau" for some number of years I think we'll see serious price volatility in both directions. Remember what the Asian financial crisis did to the price of oil - and  the economic "crater" we're descending into will likely be worse.

you are the media you consume.

by MillMan (millguy at gmail) on Mon Apr 28th, 2008 at 01:39:26 PM EST
[ Parent ]
a "recession" in China means 5% growth instead of 11%

I should have added that there is no reason to believe this will continue indefinitely.

you are the media you consume.

by MillMan (millguy at gmail) on Mon Apr 28th, 2008 at 02:41:50 PM EST
[ Parent ]

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