Oil Bubble?, originally uploaded by Solacetech.

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Catching up on my news podcasts came across something interesting. The news is comparing the tech bubble of the 90's and the housing bubble with the OIL bubble! That's a lot of bubbles! Ok so let's review. After the tech fall, companies closed down and salaries dropped considerably. After the house (after?) fiasco, prices dropped which was good for buyers and bad for sellers.
What then of this oil turmoil? Optimistically the price will drop and things will turn back to normal. Oh, and then the rich will be less richer? Clearly there's something wrong with this economic system. The best thing to do is to wait for the balance or "equalizer"...