Crude price is moving up!

[Nkps]

i like it NOW. best

 

things seems to be alot more cheaper and bargaining power UPz

[Drive_carcar]

I'll like it moderate - $60 - $70. Inflation is moderate, and economy can slowly warm up again. Global recession is rather worrying now, and I'm just praying really hard it will not happen.

 

I think whether it will happen or not depends on the political will and decisions of various country leaders. They have to put in concerted effort to prevent such a thing from happening.

[Rickster]

Pray hard it don't go down further! So far i'm only enjoying the cheaper petrol prices. Other than that, life as per normal.

[Rickster]

Unfortunately, recession is caused, in a significant way, by negative sentiments.

 

When people hold back purchases due to fear of downturn = less sales by retailers = less imports by distributors = less orders to manufacturers = less demand for freight and tranport = less demand for maintenance = less earnings = less jobs = less bonuses = less investments = more money being pulled out of stock markets all over the world = the great depression

 

What the governments of the world are doing right now will achieve close to zero results if they do not improve the sentiments of the people.

Edited October 31, 2008 by Rickster