Thoughts from Wild Oats

[Zaphod]

Weimar and Rhodesia were not free market economies. Free market capitalism provides checks and balances against hyperinflation. That said, the early 80s told us that inflation in the teens is certainly possible even in a free market.

[pilpilsner]

And where we differ is that you think we are a free market

[LWeber]

The only place you see a free market is in the speeches of politicians.

Dwayne Andreas - Former Chair - ADM

That should make Agstar's BP climb to 90/100

[agstar77]

Why should I be surprised, it's right from the Horse's ...... It's not the system that is bad, whether it is free market or not, but the greedy people running it. You can't change human nature.

[Zaphod]

Completely free? No. But compared to those extreme examples that had severe restrictions on the economy, absolutely.

And yes, AgStar is right. Even at the CWB, greed is a key motivator. In an open market though, the greed on both sides of the market creates a balance.

[pilpilsner]

I will need less than twenty four months to be proved right
Oil is not going to 75 its going past 200
But its purchasing power will not be asmuch greater
This the pardigm change that is underway

[Zaphod]

Since you're willing to go out on a limb, I'll stick my neck out too. Oil will get up into the 90s but not over 100. Those prices are high enough to choke off demand and keep the market on the defensive.

[parsley]

$ 120.00 per barrel

[parsley]

Zaphod, you couldn't be more wrong. $90/barrel will be here before fall, and $150 will be broke before fall of 2010.

And once again most will be standing with the deer in headlights look.

You know that feeling of panic you feel when there are weather warnigs all around you, your sitting in the combine and you can see the storm in the west, but you need another hour and you'll have that 1/4 off before the rain comes??

That feeling is what you should be feeling right now with the economy.

The storm is coming boys and girls!!

[parsley]

And because the Cons are skating on deficit ice, and officially becoming the socialist team, the Libs will move to the right, serve voters the Paul Martin's 'balance the budget' item from the Liberal's pre-game menu, and win the election.

At 120, the Liberals will put on price controls because Ontario will squawk.

And that's a girly sermon. Pars