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Posted In: Crash Prophets
Economy to get worse as government bailout fails? $150 a barrel crude oil next year? This picture just gets rosier every day. From our sister blog Investorazzi.com this morning:
“Boone Pickens: Crude Oil Price Will Reach $150 A Barrel In 2009”
According to Bloomberg this morning, T. Boone Pickens, Jr., told the National Press Club on Monday that he expects crude oil prices to hit $150 a barrel in 2009 as supply forecasts show a shortfall that will drive prices up.
“Marc Faber: U.S. Economy To Suffer As Bailout Won’t Work”
Sphere: Related ContentPeople rely on the people in Congress, at the Fed, at the Treasury, people that brought us into this trouble, to take us out of trouble. I don’t think they will succeed…
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