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Karnas TickroBlog

Sunday, 8 June 2008

G8 Meeting Links Oil Prices To Global Recession

Nations World-Wide Under Pressure From Surging Petrolium Costs
Wait. Seriously? Are you for real?
Oh never mind. We've KNOWN THAT.

It was predicted by George Soros, financial speculator and political activist worth approximately $8.5 billion, that when the United Kingdom and the United States are in recession, the "bubble" will burst, referring to the slipping USD and slipping oil supply in the Middle East causing problems for global economies.
DUH! He said it. Right there, he totally said it.
[That is all]

2 comments:

satire and theology said...

That photo is priceless.

Jeff said...

I would speculate that there may possibly be another "Great Depression," and this one may possibly be worse than the one in the 1920's.

The world is getting smaller through technology, and something that affects one country (esp. the U.S. and U.K.) also affects many other countries. America may soon lose its status of 'superpower.' China, Japan, the Arab nations, and a long list of others have benefited from the U.S. for many years.

It seems that everything is being set up for a global world leader, possibly in the not-too-distant future.