How can people say that oil prices are not a sign of an economic downturn?

if people have to pay so much for gas, they aren't going to pump there money into the economy with other spending which will hurt us very bad. also, food prices and other things are going up because of the price of oil.How can people say that oil prices are not a sign of an economic downturn?
The whole shabang is, as has been, a way to ';test'; the masses, while at the same time, allows Corporate/government worlds to do things that we will not be focussing on, because we will be too busy with surviving the turmoils.





Foods %26amp; other necessities are not going up because of oil prices, they are going up 'with' oil prices...everyone jumps the big bandwagon as they can. If we refused any future imports unless they took our bid of $10/barrel, after about a week, they wouldn't know what to do with all of their excess, because they have no facilities to store that much, nor the options to resell that much...they would have to give in...go figure!!!





The 'figure's adds up to corporate/governing structures watching the way the masses handle quick increases...what they are buying, what they aren't, how it effects medical/insurance industry, community hold-up, how crime increases, etc...and how they react to ';little instigations'; like lowering a tax or interest rate 1%, throwing in an ';incentive'; of an IRS rebate, plus foreclosures/resales are a great money laundering operation. All these things become stats for future endeavors of the ';ruling'; echelon.





These types of things will happen on %26amp; off until We the People say ';Enough of the BS!!!'; and get a new thought about themselves--as individuals, and as a Whole. Our consumerism is our power, but ignorance still maintains great hold of that...that weakness allows us to remain prey to BS...just the way of it. Unfortunately, ignorance, with opportunity to change, but choosing not to, becomes stupidity...and stupid people are sooo easy to control...just the way of it, too.





Good Journey!!!How can people say that oil prices are not a sign of an economic downturn?
They are not if you own Exxon Mobil.





Any input that is universally used will add a shock to the economy if price increases are sudden.





Same applies to food.





Eventually it balances out.





If oil dropped to 50 $ everybody would be happy.





But it was not that long ago that oil crossed 50 $ and everyone was worried about that.





Food is the same.





Plus dollar is and will continue to get hammered.
High oil prices favor only the oil producing countries, it's the other way around for poor countries.
High oil prices may contribute to the cause of an economic downturn. I am not sure if it is a sign of it.

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