Cruising Sailors Forum Archive

I've watched the markets long enough
In Response To: Al Gore ()

to know that the next bubble, if allowed, will be in carbon credits. The crime will be in that the cost of carbon credits will be passed directly to the consumers. So speculators will make a market in carbon credits and run the price up before they get sold to end users at an inflated price and that price will be reflected in the cost of everything you buy. Essentially a tax, so that the money men can siphon off more of the real wealth of the world that they didn't get through the derivatives, CDO and naked shorting scams. It is an endless game and this is just another stage of that game. They've already proven that the run up in gas prices following the housing bust was a bubble created by the smart money getting out of houses and into oil speculation. Carbon Credits is simply the next step. A permanent and incremental tax on the world, so the banksters can keep playing. It is that simple and that criminal.

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