Saturday, December 28, 2013

Where is the money coming from to pay for $100/bbl oil? Cheap labor

SFGate: "An estimated 1.3 million people will be cut off when the federally funded unemployment payments end Saturday."
High unemployment means downward pressure on wages. This is one way to have more money for oil. Since oil is essential to transport, business cannot afford to go without--even if it means hurting the overall economy.

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