"To achieve harmony in bad taste is the height of elegence." - Jean Genet

Mario S./Lat: 33.11442 Long: -117.32445

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  • Sunday, July 20, 2008

    $

    You know I never cared about too much about economics. I really don't make enough money as to where the state of the economy really mattered to me. Sure that last statement was a bit ignorant. I know the economy affects everyone at every level in any state. But it's not as indirect as it used to be. Taking ECON last semester perked my interest and I tried to figure out the world economy.

    The only constant thing is the law of supply and demand. World news gets scary, so people go out and buy millions of gallons of oil on the futures market. Too much demand and you see what happens. Now that many people are not driving the demand has gone down. Oil went down 40 dollars the last week. Of course that means that oil has gone down 5 cents at the pump. It's not a two way street obviously. So we borrow money from China that we invest in our wars and oil, which we sell to Americans at a very high price which makes us consume more oil, which keeps us in oil rich areas. I know that last line was a bit of a tangent. The bottom line is play horseshoes. It's free and you get to be outside all day. Oh and don't get your economic news from me. Shame on you for reading this far. (ED NOTE:thanks!)

    Fin.

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