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Posts: 153
The bubble was so tenuous that anything changing could have triggered the burst.
Posted by
TWuG
Feb 10 '12, 11:00
Sure, oil contributed to the burst, but the way in which he's talking about it makes it sound like the bubble would have been stable without higher oil prices. That's not true. It was tenuous even when oil prices were stable(r).
Responses:
I was trying to say that even if people were paying an extra $20/week at the pump and $500 more in the winter for heat,
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Max
Feb 10, 11:15
1
Agreed. I don't think it amounts to a Top 25 reason. -- nm
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TWuG
Feb 10, 11:16
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