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Will $135 oil bring Wall Street crashing down next week? « Peter J. Cooper’s Weblog
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by arabianmoney | May 21, 2008 at 10:20 pm
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Will $135 oil bring Wall Street crashing down next week? « Peter J. Cooper’s Weblog
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Most RecentMost Recommended Comments (4)
at 06:30 on May 22nd, 2008
You got an insider view over there in Dubai, arabianmoney? Why would they want to bring down their best protector? Or do they think someone else would do the job for them?
at 07:31 on May 22nd, 2008
It really seems all in the hands of the Fed and the hedge funds - not sure anybody here has much control over the oil price!
at 07:38 on May 22nd, 2008
Not so, in the hands of the global banks, and the lack of oversight by the regulating entities, or rather, the absconding of oversight. Sounds like an international conspiracy to me.
at 20:22 on May 22nd, 2008
Most conspiracies turn out to be cock-ups or anarchy - you need coordination and control that seldom exists.