Jim Rogers - Oil price to rise beyond expectations 17 May 2011
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Uploaded by vlada881 on May 17, 2011
America is in serious sh.. trouble
6% a year. Do the math.
Tuesday 17 May 2011 BBC World News
Interview with Stephen Sackur
Watch full interview: http://www.youtube.com/watch?v=FVPt04ySYRE&feature=channel_video_title
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Uploader Comments (vlada881)
All Comments (28)
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natural gas........somebody listen to T Boones Pickets for once.......
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0:40 HAHAHa SERIOUS SHHHTROUBLE :)
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were screwed. middle east has no oil either (not much)
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There is no investment in the oil industry for a great reason. peak oil occurred in 2006 according to Fatih Birol, head of IEA. There is no more cheap oil. The oil based economy is collapsing. Fiat currencies will hyper-inflate; rocky times ahead.
9 months ago 2
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haha "america's in serious shi-trouble"
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A dollar can get a lot more work done outside of America than inside America. Globally, there's a surplus of labor which means there's downward pressure on wages.
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Even if you manage to do that, surging demand from the rest of the world will keep pressure on oil supplies. Economic development requires more energy (oil). As the developing world tries to catch up with the developed world, the world will use up more of the finite fossil fuel deposits in the Earth's crust.
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Of course, they think you're retarded. Only a retarded country would decide to accept goods and services from the developing world and export dollar bills. If you want the value of the dollar to go up, do everything to encourage America to cut its consumption. Vote for politicans that'll raise interest rates so that America can move away from a consumer-based economy that's flooding the world with worthless u.s. treasury bills. Vote to eliminate the dollar as the world's reserve currency.
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@Dewdaahman Find me the link of that information. I will be glad to see it.
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Excellent work vlada. I have uploaded the full interview on my channel.
antitheistpansy 9 months ago
@antitheistpansy Thats great. Thanks for the information. I was looking for it all over the internet but I couldnt watch BBC from my country.
vlada881 9 months ago
America is in serious shit.... hahaha Very funny!
Yeah! Why cant I see the whole interview?
chilitoito 9 months ago
@chilitoito /watch?v=FVPt04ySYRE&feature=channel_video_title. Its in description.
vlada881 9 months ago