I don't believe that the economy will correct, we have major problems with jobs and the ones we are able to generate don't even pay the bills. It's different this time around, for the sake of the average people, I hope I am wrong!
I was listening to the news in the radio hour ago and heard a segment of Former Federal Reserve Chairman Alan Greenspan saying:
...To tackle the problem of our economic crisis is more urgent than any other time of our history...
We are too busy working and we put our trust to these legal thieves politicians, bankers, brokerage investment firms to do the right thing for us. Education has gone up to the level we can't even afford to send our children to a dissent University, they are forced to go to community colleges and take courses which universities don't even accept as transfers.
As far as the price of oil, it is not my expertise to predict.
George.