The current oversupply of oil is bad news

[mackdaddy]

4. I think it is just the blood sucking parasites killing the host.

In a body the blood takes the arteries out, but the venous system back. You can NOT do without either one. It is a complete circulation cycle.

Capital is the very life blood of the economy. The economy is a cycle, a circulation of the capital is needed. The problem with concentrating on "supply side" or even demand side is that both sides are needed.

Just as in a living thing if too many parasites suck too much of the blood out of a system it gets anemic and fails, I think the 1% has sucked so much capital out of the system there system is failing. When regular people do not have enough money to spend, they can't buy stuff, which then starves the retail sector and so on.

Trying to keep is all is killing the economy. Henry Ford had it right. If your own workers can't buy your products who will you sell to?