Low oil prices

I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been holding up the world economy for a very long time–since World War II, at least–is failing to expand sufficiently. If the debt bubble collapses, we will be in huge difficulty.

~ Gail Tverberg from, Low Oil Prices

Elsewhere, this is 4uoulo1. — slipbox

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