9/1 Four dollars a gallon and rising :
http://images.ibsys.com/2005/0831/4921602_240X180.jpg
(picture from a service station in South Carolina)
\_ We're gonna beat out Canada pretty soon. They're at Can$1.04/liter
which is ~ US$3.30/gallon
\_ How long do you think this will keep going? 2 weeks? 2 months?
I think this is the catalyst that'll break our economy.
\_ That'll be sad -- the economy of the strongest country in the
world being brought down by one hurricane. But I agree that
Katrina is probably starting the breakdown.
\_ So you two think this is the beginning of a world wide and
lasting depression? Based on what?
\_ Did I say world wide or lasting? |