tag:blogger.com,1999:blog-10587480.post9029434653212144151..comments2023-10-16T10:40:19.559+00:00Comments on An Ayrshire Blog: Is crisis the new zeitgeist of the age?Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10587480.post-13559555137105281502008-10-13T07:09:00.000+00:002008-10-13T07:09:00.000+00:00I think you are right that the commodity price spi...I think you are right that the commodity price spike was a major factor. Looking back its clear that there were clear pressures in the system re credit flows and banks and that it only took some unexpected shock in the system to start the whole hing tumbling.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10587480.post-51289616762659832512008-10-13T05:11:00.000+00:002008-10-13T05:11:00.000+00:00Interesting observation. What caught my attention...Interesting observation. What caught my attention was that oil peaked on July 11th and headed downwards from there. This was contrary to peak oil theory, but could have been taken as a clear indicator of credit problems. I suspect that when the final non-political analysis is done of this global collapse, the commodity price spike will be a key factor.Looneyhttps://www.blogger.com/profile/15801436449971512320noreply@blogger.com