Monday, October 13, 2008

of predictions and reductions

By no means am I an economic expert, nor do I understand whats happening right now
And neither do I claim that the dip in oil prices is a creation of the US presidential election....

but what I do know is that I did predict a situation where the oil prices may reduce big time, around the US pres election time ( after a sharp rise a few months before that) - I had based it purely on my experience in 2004.

See my post

Whatever be the real reason, it seems to be heading the same way in 2008 too with just weeks left for the US election

Meantime, here is a video that has been circulating and in which the speaker makes some predictions about the US economy, and more importantly tries to put things in a common mans language... he is a columnist in rediff, and the video is uploaded feb 10, 2008

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