Friday, 25 April 2008

TEdONOMICS 101

Our petrol prices have surged. Many people are now having to curtail their movements because they can't afford it. We're paying more and more to move less and less for shorter and shorter distances...

In our Eastern States, rice crops are failing due to drought, which is most likely caused by the increase in greenhouse gas emissions. The price of living in Asia is going up because of it.

This means that a range of goods produced in Asia, many of them cars that consume the expensive petrol, will increase in price. The flow-on effects will carry to other world economies which depend on those Asian goods being at a lower price point, so the cost of European cars will increase.

And we all know that the biggest buyers of European luxury cars are the Arab people - with whom the price hike started in the first place.

Ah the economy is a wonderful self-levelling thing...

No comments:

De Counter Bits

 Subscribe in a reader | Add to Google Reader or Homepage | Subscribe in Bloglines | Ajax CommentLuv Enabled 38bd227bbe6382790452da794a46a311

Email Subscriptions powered by FeedBlitz

Subscribe to all my blogs at once!

Your email address:


Powered by FeedBlitz