Higher fuel prices are the pre-eminent world economic issue right now. Higher energy costs coupled with increased commodity prices virtually across the board are causing economic hardship across a broad spectrum of the world populace. Poor countries with histories of supply problems are experiencing riots sparked by higher food prices while the worlds richer nations struggle to keep their strong economies afloat. Maybe even worse, vast sums of oil revenue are creating stockpiles of cash in some of the worlds worst governed and most anti-democratic nations on this planet. This gives them th...
More..Tim Mccardle
Member since: June 2008
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