"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
Wednesday, September 24, 2008
Most everything you need to know about the world market for oil.
If you have 40 minutes to kick back and pay attention, my friend Jim Hamilton will school you on all you need to know to be dangerous regarding an understanding of world oil markets. Watch and learn.
This was an 11/10/05 video. It would be interesting to hear what Jim Hamilton has too say regarding the happenings of the change in oil prices over the past 2-3 years. With such an increase in real and nominal oil prices, one wonders if the same explanations would be used.
This was an 11/10/05 video. It would be interesting to hear what Jim Hamilton has too say regarding the happenings of the change in oil prices over the past 2-3 years.
ReplyDeleteWith such an increase in real and nominal oil prices, one wonders if the same explanations would be used.
For sure.
ReplyDelete