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Thread: Dust off your crystal ball

  1. #1
    Join Date
    Feb 2010
    Location
    Kansas City, MO
    Posts
    497

    Default Dust off your crystal ball

    Dust off your crystal ball for the next adventure in rising fuel prices. Japan is the 3ad largest importer of oil in the world. With the earthquake this picture has changed to maybe an overstock situation driving the price downward.

    Any WAG ?

  2. #2
    Join Date
    Feb 2009
    Location
    Austin, TX
    Posts
    963

    Default

    Short term, probably true. Longer term, thirty percent of their national power source, nuclear, is damaged and off line.....could swing hard the other way.

  3. #3
    Join Date
    Mar 2006
    Location
    Santa Barbara
    Posts
    3,177

    Default

    Japan will recover, and more important, they will begin to rebuild almost immediately. This will show huge inflow in commodities and capitol. I think this will help Japan in the long run out over their economic malaise.
    Gary & Lise Deinhard, 2003 Elegant Lady Liberty, Dbl slide

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