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AS YOU KNOW THE OLD MYSTIC STUDIED FOR 6 YEARS AT M.I.T. I LEARNED PROBLEM SOLVING BY FACTUAL ANALYSIS .
I DECIDED TO APPLY WHAT I LEARNED TO THE OIL CRISIS GRIPPING THE WORLD TODAY . I CAME TO THE FOLLOWING ANALYTICAL POINTS:
1. OIL IS THE LIFEBLOOD OF EVERY ECONOMY IN THE WORLD . A DISRUPTION OF THE OIL SUPPLY WILL WRECK THE ECONOMY WORLD - WIDE .
2. THE WORLD CONSUMES ALMOST 83 MILLION BARRELS OF OIL A DAY . THE USA USES ABOUT 31 % OF THE TOTAL USED .
3. CHINA & INDIA ARE INCREASING THEIR DEMAND FOR OIL .
4. THE LARGEST PRODUCER OF OIL IS SAUDI ARABIA WHICH PRODUCES 15 % OF THE WORLD SUPPLY .ABOUT 30 % OF WORLD PRODUCTION COMES FROM THE MIDDLE EAST .
THE MOST PRESSING PROBLEM IS A DECREASE IN PRODUCTION DOES NOT LEAD TO AN ACROSS THE LINE INCREASE IN PRICE . THE PRICE INCREASES GEOMETRICALLY.
THE USA HAS OIL RESERVES OF ABOUT A 17 DAY SUPPLY. SO WE HAVE ABOUT TWO WEEKS TO RUN IF THERE IS A DISASTER IN THE PRODUCTION FIELD .
ANY DISTURBANCE , POLITICAL OR OTHERWISE, CAUSES A MUCH GREATER DISRUPTION IN OUR ECONOMY .
EXPERTS PREDICT AN OIL PRICE SHOCK IN 2012 WHICH WILL MAKE THE SHOCKS OF 73, 79 , & 08 APPEAR MINUSCULE .
WE COULD ALL BE LIVING LIKE THE AMISH VERY SOON .
IN THE VERNACULAR OF AN MIT ANALYST , I MAKE THIS ESOTERIC STATEMENT ;
WE ARE IN DEEP DOO - DOO !!!!!
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DID YOU NOTICE MEMPHIS, GERMANTOWN ,& COLLIERVILLE INCREASED THEIR PROPERTY TAX . GOVERNMENT CAN NEVER GET ENOUGH MONEY , THEY JUST SPEND & SPEND .
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IT APPEARS TO BE ANOTHER LONG YEAR FOR TIGER FOOTBALL . SOME SAY THE TIGERS ONLY HAVE 3 WINNABLE GAMES . THE OTHER 9 ARE LONG SHOTS AT BEST .
I AM NOT SOLD ON LARRY PORTER . I KNOW HE WAS A GREAT RECRUITER AT LSU . BUT THAT IS LIKE GETTING A BUNCH OF REDNECKS TO GO TO THE PLAYBOY CLUB . NOT TOO HARD .
THE TIGERS PEED IN THE WATER BARREL WHEN THEY DID NOT HIRE LARRY LACEWELL OR KIPPY BROWN . MEMPHIS WASTED A LOT OF YEARS WITH RIP THE DIP & TOMMY" I'M THE BEST" WEST .
IF MEMPHIS COULD ONLY CONTROL THEIR BACKYARD THEY COULD BE A STRONG TEAM . CHECK HOW MANY SEC PLAYERS ARE FROM THE MEMPHIS AREA .
YOU CAN WIN WITH ANY OFFENSIVE OR DEFENSIVE SCHEME IF YOU HAVE THE PLAYERS . IT IS NOT HOW YOU LINE UP BUT WHO YOU LINE UP .
IT IS NOT THE X & O'S BUT THE JIMMY & THE JOES .
THANK YOU FOR READING !!!!!
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