Two stories from last year at this blog are very pertinent for today's news. The harmonic echoes from exactly a year ago are most astonishing! The price of oil is going up due to the US and EU itching to fight yet another major oil exporting nation, this time the very nuclear Russia with a long, long history of winning wars with Europe. Yikes in spades! And the dollar is weakening, duh. Paulson's 'bazooka' he pulled out to reassure investors ended up blowing investors out of the water. Another 'Duh' moment in economic history. We visit Seeking Alpha which sounds more like 'Seeking Alfalfa'. A clueless professor talks very stupidly about inflation. Why can't I teach economics? History shows that my analysis has been very good so far! Rats.
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