Conventional wisdom tends to associate sharp increases in oil prices with economic chaos and sharp declines with significant economic benefits.
Just recall how the global economy suffered during the Arab oil embargo and the Iranian revolution in the 1970’s. On the other hand, consider the broad benefits enjoyed by the majority of countries during the “oil glut” of the eighties.
The latest oil prices shock: is this time different?
Posted by MashaKaran under FinanceFrom http://www.alphagamma.eu 2916 days ago
Who Voted for this Story
Subscribe
“Yes, it's quite the new term Martin. But it's been around for a while....”
“Automation is a broad topic but I like ConvertKit for emails and SocialBee...”
“Lisa: I have not heard about the expression, "engagement...”
“Adam: Do you have a favorite tool at the moment?...”
“Adam: I have to look into this issue in the near future... ;)...”
Comments