That ratio could also indicate...

Current Events » in reply to Energy panic: some perspective.

podrock — 4/27/2006 2:48:11 AM (archived)

...that the consumer has been buying more non-energy items: TV's, shoes, clothes, DVD's, computers, snowboards, SUV's, and want-nots. Much more so than anytime in history. And they are buying it with more credit than ever before. Beware the one-factor explanation for a change in a ratio.

True, energy is cheap, for now. Bottled water is $7 a gallon. But to read "Energy is becoming less important to the overall economy over time" made me spit beer through my nose. Energy is vital for an economy, for without it, the whole thing grinds to a halt.

The whole thread (11 posts)

Energy panic: some perspective. - Tom Brosz - 4/26/2006 6:32:15 PM
- How the world COULD change.... - Lindy - 4/27/2006 5:34:09 PM
  - Yeah. Windmill-powered flying cars. (n/t) - Tom Brosz - 4/27/2006 6:56:31 PM
    - re: What would the wind velocity need to be to make a car fly? (n/t) - Johannes - 4/28/2006 11:11:43 PM
      - Call a balloon and "car" and the answer is zero. (n/t) - gbaikie - 4/29/2006 12:27:44 AM
        
        re: I like your answer :-) (n/t) - Johannes - 4/29/2006 3:36:42 AM
        
        Well, THAT is an endorsement Gbaikie!!!! - R.L. - 4/29/2006 1:21:43 PM
        
        So, do we need to do more one liners? - gbaikie - 4/29/2006 9:33:25 PM
        
        Sure. (n/t) - Tom Brosz - 4/30/2006 1:51:29 AM
    - Sort of like... - Laurie Street - 4/28/2006 10:26:45 PM
- That ratio could also indicate... - podrock - 4/27/2006 2:48:11 AM

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