Check Out Front Cover of The Economist!- The Oiloholics

[beetbox]

The oiloholics
Oil prices could yet go higher-unless the world's biggest gas guzzlers curb their thirst
The Economist
THE price of oil affects the cost of almost everything. It helps determine not just the cost of driving to work or flying off on holiday, but also the cost of furniture, food and anything else which has to be transported from factory to shop floor. The past three global recessions were all triggered by a jump in oil prices. Thus, it should be alarming that oil prices have more than tripled since late 2001. So far, though, the world economy has held up remarkably well: global GDP growth is strong and inflation remains modest. How long can this continue?

...The main reason why high oil prices have so far not kiboshed the world economy is that cheap money has supported spending sprees and housing bubbles in many countries, notably America, which have offset the impact of dearer oil. The two main engines for the world, the United States and China (also the two biggest oil consumers), have both had their growth boosted by lax monetary conditions in the past couple of years. Indeed high oil prices can partly be seen as a consequence of low interest rates. The two most important prices in the world economy are the price of oil and the price of money, and they are linked.

..America and China, in their different ways, are drunk on oil consumption. The longer they put off taking the steps needed to curb their habit, the worse the headache will be. George Bush once learned that lesson about alcohol. It is time for him to wean America off oiloholism too
http://www.economist.com/index.html?uviewed=3

[speedoo]

1. The Economist is one of the very few worthwhile magazines.

I can honestly say that everytime I have picked up an issue I have found at least one article that is really, really good.

I wish I could find a cheap way to subscribe.

[coffeenap]

4. Don't forget the library! Also, do you have any connections to

an educator, physician, dentist, etc? Many can get discounts, some even get free subs.

[Surya Gayatri]

2. Love the reference to *blivet's alcoholism

A nice dagger under the ribs! Lest the world forget that this is a substance abusing psychopath...

[bahrbearian]

3. I really don't think * learned his lesson.

[seemslikeadream]

5. There’s 1000 reasons, but one is the number

The Heart’s Lonley Hunter

The Truth is unspoken, a promise is broken
I’m under surveillance, they know what my name is
I need some protection, some love and affection
There’s 1000 reasons, but one is the number

Welcome to my spaceship
It’s beautiful forever
She’s right here where you left her
And the heart’s lonely hunter

Save bottles of water and flour and sugar
Turn off the AC and hang up the bed sheets
Cover up windows, careful where the light goes
Yank out the cable and blow out the candle

Welcome to my spaceship
You’re beautiful forever
She’s right here where you left her
And the heart’s lonely hunter

Perfectly molded almost unfolded
Under the counter well, that is your nature
Drip grind or roasted, buttered or toasted
The greater the db’s the higher the AC

Psycho acoustics
Down in the black seats
Stereo nation
Amplification
The brave and the righteous
They’re safe in their houses
Now one is just a number
The heart’s a lonely hunter
One is the number
Heart is a hunter
One is a number
Heart is a hunter

Welcome to my spaceship
You’re beautiful forever
She’s right here where you left her
And the heart’s lonely hunter

Welcome to my spaceship
You’re beautiful forever
She’s right here where you left her
And the heart’s lonely hunter

http://www.alwaysontherun.net/thievery.htm#c4


:hi: