Oil spike echoes dotcom bubble, Lehman says

[DrYB/C]

1. http://www.telegraph.co.uk/money/mai...nlehman130.xml

"Lehman argues that the size of the new $90bn inflows into the oil market makes a difference, with every $100m of new investment flows accounting for a 1.6pc increase in the price of West Texas Intermediate oil.

'Our conclusion from this study is that we are seeing the classic ingredients of an asset bubble.' "

Related:

2. http://ap.google.com/article/ALeqM5g...P-g_AD90URO003

Sales of Spam rise as consumers trim food costs By EMILY FREDRIX

p.s.

It seems high finance is going to force us to drastically reduce our resource consumption; in the long run, I believe mr. nickerson will get his desired population reduction.

[Wild Style]

Re: Oil spike echoes dotcom bubble, Lehman says

^^

I have noticed in America people are getting married later and having less kids. This is because many young adults have been priced out of marriage and having children. I think this is what has happened in Japan over the last decade or so, no? What I am saying may not be world wide but I think for America we may see a economic driven reduction in future population. Would be interesting to see marriage and child birth stats for Americans over the last two decades. Could be wrong in my theory though, I have not done any research into this. It has been my observation from friends and people around me.

[sadsack]

Re: Oil spike echoes dotcom bubble, Lehman says

^^

I have noticed in America people are getting married later and having less kids. This is because many responsible young adults have been priced out of marriage and having children. I think this is what has happened in Japan over the last decade or so, no? What I am saying may not be world wide but I think for America we may see a economic driven reduction in future population. Would be interesting to see marriage and child birth stats for Americans over the last two decades. Could be wrong in my theory though, I have not done any research into this. It has been my observation from friends and people around me.

Subject to the bolded edit above, I concur. Personally, I deferred having children until I thought (before knowledge of the coming apocalypse) we had enough accumulated resources to avoid the miserable "hand to mouth" existence of the hoi polloi. Then again, I consider myself reasonably responsible for those under or dependent upon my care. As to the irresponsible, reckless, etc. contingent of the population, I don't think they can comprehend, much less effectively deal with, the emerging macroecomic instability.

End result? Watch "Idiocracy," if you can find it (it PO'd most of the corpocracy) . . .

[Sapiens]

Re: Oil spike echoes dotcom bubble, Lehman says

End result?. . .

[sadsack]

Re: Oil spike echoes dotcom bubble, Lehman says

Sapiens with the assist!

[Wild Style]

Re: Oil spike echoes dotcom bubble, Lehman says

Subject to the bolded edit above, I concur. Personally, I deferred having children until I thought (before knowledge of the coming apocalypse) we had enough accumulated resources to avoid the miserable "hand to mouth" existence of the hoi polloi. Then again, I consider myself reasonably responsible for those under or dependent upon my care. As to the irresponsible, reckless, etc. contingent of the population, I don't think they can comprehend, much less effectively deal with, the emerging macroecomic instability.

End result? Watch "Idiocracy," if you can find it (it PO'd most of the corpocracy) . . .

I actually saw that movie 6 mths ago. It had me in tears (laughing), same guys who made office space I think. Yep, I think that pretty much nail it. I have suggested it to all my friends.

[rj1]

Re: Oil spike echoes dotcom bubble, Lehman says

Subject to the bolded edit above, I concur. Personally, I deferred having children until I thought (before knowledge of the coming apocalypse) we had enough accumulated resources to avoid the miserable "hand to mouth" existence of the hoi polloi. Then again, I consider myself reasonably responsible for those under or dependent upon my care. As to the irresponsible, reckless, etc. contingent of the population, I don't think they can comprehend, much less effectively deal with, the emerging macroecomic instability.

End result? Watch "Idiocracy," if you can find it (it PO'd most of the corpocracy) . . .

I'll stick up for my generation and say that most of my friends that know how to control their sex habit (or at least can afford condoms) are keeping children for later.

[World Traveler]

U.S. population - source of growth and statistics

I've read population statistics that show that native-born Americans are at replacement level (2.1 children), just keeping an even keel and not falling like in many European countries.

U.S. polpulation growth is due to heavy legal and illegal immigration of past 4 decades. Hispanics, the fastest growing subset, is where immigration and the largest families are concentrated.

If I have time tomorrow, I'll look up exact statistics and post them.

[Wild Style]

Re: U.S. population - source of growth and statistics

I've read population statistics that show that native-born Americans are at replacement level (2.1 children), just keeping an even keel and not falling like in many European countries.

U.S. polpulation growth is due to heavy legal and illegal immigration of past 4 decades. Hispanics, the fastest growing subset, is where immigration and the largest families are concentrated.

If I have time tomorrow, I'll look up exact statistics and post them.

If EJ is right about wage inflation down the road and tightening on immigration into the states etc. that should pump the brakes on that.