'The nascent recovery in global economic activity could yet be derailed by rising oil prices, with Brent crude hitting $76 a barrel last week, its highest levels of the year to date.
In a blunt warning last week, Goldman Sachs called for a co-ordinated policy response to resolve the problems of commodity shortages, noting: “Although the financial crisis had been addressed, the commodity crisis has not.” '
No, really, let me add, really, who could of known!
Listen to Government Sucks: we got our bailout, now let's fix the real problem! I suppose Government Sucks wants the usual deal, a three day secret warning that Obama will subsidize Big Oil, so they can set their long position.
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