Illusion of Prosperity: Real Oil Price (Musical Tribute)

Thursday, June 14, 2012

Click to enlarge.

Sweet dreams are made of this.

Who am I to disagree?

Source Data:
St. Louis Fed: Custom Chart

Stagflationary Mark said...: Sweet Dreams; June 14, 2012 at 9:32 PM
Mr Slippery said...: Sweet Dreams

A mathematician walks into a bar, walks up to a lady and says "What's your sine?"; June 14, 2012 at 10:47 PM
Stagflationary Mark said...: She replied, "I'll show you my tan lines if you'll cosine my loan."

He agreed to a degree, but her angle was not complementary.

Now we just need to turn all of this into a limerick and we're done, lol. ;); June 15, 2012 at 6:11 AM
Troy said...: oil exporters are going to increasingly burn their product, too:

http://i.imgur.com/pCUIJ.png

For some reason this nation would rather spend $1.3T on war thus far than a 21st century energy infrastructure.

Is it just me or is just everyone just resolutely refusing to internalize the long-run implications of us having pissed away one trillion dollars of borrowed money over the past 10 years?

Then again, the real waste is more like $9T . . .

http://research.stlouisfed.org/fred2/graph/?g=82v

Do not people understand that taxes are going to have do be doubled from here eventually?

http://research.stlouisfed.org/fred2/graph/?g=82x

What is our mental malfunction?; June 15, 2012 at 10:43 AM
Stagflationary Mark said...: Troy,

What is our mental malfunction?

Ravenous Bugblatter Beast of Traal Syndrome?; June 15, 2012 at 1:48 PM

Illusion of Prosperity