My Own Market Narrative
"It will take a rally of monumental proportions to save the penis of John McAfee" - Zerohedge, 2017
Monday, January 25, 2016
Can lower oil prices cause a recession?
However, they can cause a sector-specific or sector-related recession, as it takes time for capital and labour to be redeployed to more worthwhile areas of production.
But the net effect on oil consumers (people
corporations) should be positive outside of sector-related industries.
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