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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
"uh-huh...IEA, is one, unusally bearish, and two, never accurate.
ReplyDeletePlease go back to posting 2 year old CIA reports on energy demand."
Mmmm, you're sexy when you're angry. Does your double chin start to quiver when you read my prose?
One, the recent IEA report is unusually bearish. You said it yourself. Why? Because fundamentals of the global economy are changing. (for evidence, read the headlines)
T. Boone Pickens gave an interview to Stephen Colbert this week. (To those who don't know, T.B. Pickens is a billionaire oil tycoon who is actively and agressively, trying to eliminate the US reliance upon foreign oil, calling it "unsustainable".) During that interview, he looked at Colbert and said "oil will be over $100 per barrel within a year."
You can see it for yourself at www.colbertnation.com
Goodnight, my jiggly-faced friend!