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Tuesday, May 06, 2008

Markets; Yahoo: Oil Shock!!!! Goldman Saks predicts $200 oil within two years.

Click on the post for the story in yahoo news.

The use of shock---from electrical shock, to political shock, to terror shock, to shock and awe---is covered in the book called "The Shock Doctrine" by Naomi Klein. I recommend the book and will write a review when I have finished it. There is a nice historical pattern of using shock to be the excuse for radical solutions that would not be palatable or ...desirable otherwise.

Click on the post for the story in Yahoo about the oil shock which is coming. What would happen when oil gets to $200?

Stay tuned.

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