Posted by Sigismund on May 25, 2008, at 18:58:38
In reply to Lou's reply to Phillipa-szhehzdamezlsbthzrlyhvgfn » Phillipa, posted by Lou Pilder on May 22, 2008, at 20:53:23
The increased demand from India and China for oil will lead to a price increase until demand slows.
This will lead into price rises across the board (especially food!) and might (for all I know) slow economic growth more.
As for the immediate credit thing, it's beyond me, but I would have expected it to last a bit longer.
poster:Sigismund
thread:830101
URL: http://www.dr-bob.org/babble/social/20080428/msgs/831108.html