Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Tag Archives: lower oil price
Lower Oil Prices–Not a Good Sign!
Are lower oil prices good news? Not really, if it means the world is sinking into recession. We know from recent past experience and from common sense that higher oil prices are a drag on oil importing economies, since if … Continue reading →
Posted in Financial Implications, News Related Post
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Tagged default, high oil prices, layoffs., lower oil price, oil price, PIIGS, recession
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