Monkey Business

8:04 am Commentary, Economy, Environment

The recent Gulf Coast disaster brought up the spector of monkey business.  Remember a few years back, the mere threat of a potential hurricane in the Gulf sent oil prices spiking.  Then a few weeks ago,  a rig explodes, burns, and sinks in the Gulf.  And the prices just sail on unchanged.

The economy, like politics, has become a crap shoot.  Reasoning does not necessarily apply. So many principals and assumptions to which we have anchored our beliefs on seem to have become just so unstable.

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