global oil crunch has been postponed for another decade or two as widely alleged, this is far from obvious in today's commodity markets. When you have a high salary and job security, sure you want deflation for yourself personally. Of course the impact on others is horrendious  but you dont care.....your incredibly high wage is worth more every day and your workers pay dropping makes your bonuses bigger. la la land the lot of them. regards Exactly - amazing how gullible we are.  I get the impression most people just don't want to accept that absolute global serfdom is all intended; driven by mere mortals who see themselves as entitled to every last drop of the surplus of others labours - nothing to do with markets, chance, cycles, supply/demand, scarcity, natural phenomenon etc.; The ANZ bank chief, struggling on $10m a year, helpfully suggested a cut in the benefit would "encourage" idlers to shift to the mines in WA, where they could earn plenty of moolah. He promoted the US approach of making people hungry, in order that they may be more incentivised to find a job, even if it means shifting (Grapes of Wrath anyone?). If you view people as simple inputs into the supply chain, then of course this makes absolute sense. Economists up and down the land will be nodding vigorously at this proposal. Surely, there could be no "rational" argument against this obvious market failure. http://au.news.yahoo.com/thewest/a/-/bre\\... Wow, I'd stopped following the price but now WTI is