First let's put our tin foil hats on ....

of course there's an economic crisis going on ... there's plainly less dollars (eur or what ever) going around.

as for if it was planned question? don't think it's possible to plan anything on a GLOBAL scale. what is possible and recently happened is... MEGA corporations/entities taking advantage of natural disasters.

tin foil hats still on tight?

when I ask people this simple question... What is the largest transfer of wealth in the history of the world? most folks are stumped, including a published economist that posed the question to. his answer was when the British banking system collapsed in 1772 in the East India bubble.

now we can get to the point of all this... after Katrina fuel prices in USA spiked from about $1.29 gal to over $3 gal almost overnight.. then raising to over $4 gal ... naturally what ever happens in America trickles down to rest of the world.

result is $$$TRILLIONS was pulled out of the world economies. there is NOTHING else of this magnitude in this time frame that could cause a world recession.

this transfer of wealth from literally each and everyone in the world into petroleum companies (public, private & state owned) coffers. resulted in the largest transfer of wealth in the history of the world!

with tin foil hats firmly in place... lets travel from global terms to the individual.

in America recently fuel prices has fallen by over $1 per gal from over $4 gal. what that means to literally every single family in America ... instantly there's about $100 per month to spent on whatever.

there is NO lag in this $$$ hitting America's economies. in simplistic terms, if the fuel prices stays and/or goes down further for an extended term. the US economy will come steaming back with rest of world in tow.

what is so amazing ... one almost never see in print... the cause/effect of world's fuel prices as directly responsible for this world recession.

OK... thanks for reading... you can take your tin foil hats off now

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R90S, R80G/S PD