BP would have to be viewed as short-term speculation right now. For one, it’s not certain the leaking oil has actually been stopped. It’s just been stopped from the top of the well. If the well is ruptured in other places, more leaks will emerge. This could be just the end of the beginning (rather than the end of the end). The larger question, in our mind, is how long it might take be BP to be litigated out of existence.
July 16th, 2010 | Dan Denning | 46 comments | ContinuedAll Posts Tagged With: "The Economist"
Modern Economic Theory
The Economist magazine, also predictably and inevitably, does not comment on this Gem Of Mogambo Economic Wisdom (GOMEW), which is to buy gold, silver and oil on the advice of the last 4,500 continuous years of the world’s economic history…
July 28th, 2009 | Mogambo Guru | 3 comments | Continued
