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Tag Archives: low wages
Why EIA, IEA, and BP Oil Forecasts are Too High
When forecasting how much oil will be available in future years, a standard approach seems to be the following: Figure out how much GDP growth the researcher hopes to have in the future. “Work backward” to see how much oil … Continue reading
Posted in Financial Implications, Oil and Its Future
Tagged debt defaults, low oil prices, low wages, oil forecasts, oil price, recession
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