July 25, 2015
The oil crash has done nothing for America
Not only is it impacting Visa directly, but the company also said this is adding up to a more or less stagnant economy.
And so this increased saving, on some level, is fine and well for American consumers.
The fall in oil prices has clearly helped Americans, but it certainly hasn't helped America! Not one bit!
Where's a frickin' terrorist when we need one? Maybe disrupt some oil in the Middle East? Get our troops back into action and get oil prices up past the $100 level again!
At the very least, each and every one of us should hope for the mother of all hurricanes to sweep through the Gulf of Mexico! Let's reduce those rig counts and get Visa back on their game! Just think of the increased consumer credit card spending if the hurricane touches land! Cha-ching!
Because, as we all know deep down, what is best for Visa is best for America! If Visa says lower oil prices are stagnating this economy then somebody needs to do something about it!
Too much sarcasm? I know it must get tiring for me to keep asking, but I don't want to alienate any Visa executives who might read this blog on a daily basis. That would be the last thing I would ever want to do! From a deeply sarcastic standpoint, trust me on this.
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
17 hours ago
2 comments:
What fall in oil prices? California is 15% of the US and we are getting reamed. $4.
Rob Dawg,
Yeah, I've been watching that. Crazy!!
Perhaps the Visa force is strong there. In the words of Yoda, get low gas prices or get not, there is no try.
So just go out and get you some! Hahaha! Sigh.
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