Thread: Gas
View Single Post
  #6 (permalink)  
Old 07-13-2008, 09:38 PM
Jim Luttrall Jim Luttrall is online now
Member
 
Join Date: Mar 2007
Location: Dallas, Texas
Posts: 1,578
Re: Gas
Quote:
Originally Posted by Ted Menelly View Post
The world needs a much slower growth but steady growth. With the rocket ship mentality it is going to be the ruin of nations. It always has and always will.

Hit a recession or slow spot and then slowly come out of it and then take off like a rocket. I think we all have a good future ahead of us but before I drop dead I am sure I will see a few more slow downs and then rocket ship growth. Unless some brainchilds come up with a formula for even growth I pity our grand children's children. I do not think I would want to be around in that time.

Gees, that sounds pretty gloomy. Hmmm Just think of China's growth in industry trying to pump out more goods than the world could ever use. What if India takes off like that. 2 countries with a billion plus people each pumping out goods for the world. Talk about world economics destroyed.
I think the law of supply and demand will eventually work things out, but it is never a smooth ride. Just hang on. Remember when made in Japan was an insult on a products quality and they always carried a cheap price?
__________________
Jim Luttrall
Mr. Inspector.net, Inc.
Allen, Texas 75002
Reply With Quote