US oil shot up, inflation tend to follows, so to curl the monster inflation, what come is deflation, then it come recession, which means less purchasing power, which will bring down the GNP, which create less job. The v Cycle has begun. And as US deal with international trade, country that deal with US will be affected. So asian will start to slow down.
If terroism start coming in, the world will be in chaos. So
Government started stepping in to create job or create welfare..but this time can v cycle can be stop in time to create big problem for the ecomony.
Or is time to come up with a better economics structure for country.
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