Thursday, January 8, 2009

Recession is unavoidable now

It is not a surprise when suddenly the US reported they had excess crude oil reserves thus the demand for crude oil tumbling down and with that send the Crude oil price tumbling down back to below USD43/barrel after trying to reach USD50/barrel yesterday.

As suspected the US had been secretly increasing their inventory and taking advantage of the cheaper prices with anticipation of higher price soon.

On the other hand, I suspected that the inventory was secretly topped up in anticipation of Israeli's planned attack on Palestinian Gaza, and later on Iran, when Iran intervene the Gaza's massacre. The attack on Gaza is just a plot to instigate Iran to attack Israel and later Israel will be defended by the US troops. It is a conspiracy to start a war, invade, occupy, take over administration and massacre Ahmedinejad like what they did on Saddam.

The Islamic world will be crumbling and Israel and US, will control the Middle East; the oil, the gas, and defeating and weakening the Islamic world.

And at the same time divert all focus to the war instead of on the economic crisis they are facing now and the one initiated by their conventional financial system.

No comments: