[editor-surveyor]

Surprisingly unsurprising!

Let ‘er fall.

.

[cuban leaf]

Collapsing energy prices are highly deflationary. Deflation reduces income. A debt based economy based on growth demands some amount of inflation just to tread water.

Deflation, if unchecked, will destroy a lot of economies.

Nevertheless, I’m all for it, for other reasons (moral). And it’s about bloody time!

[pleasenotcalifornia]

I love paying less for gas at the pump, but hope this fall in oil doesn’t portend something worse.

[napscoordinator]

I agree. I don’t need my money from the stock market for 20 years at least. I like my cheep gas today. Please continue to fall. I want gas 95 cents a gallon like 1995....the good year!!!!!

[Sam Gamgee]

Yeah, and oil price decline could be telling us that future demand is a no go, as the world economy is failing to break out of a great recession.

That said, I'm about to throw in the towel and proclaim that market bulls have been right all along. Despite some setbacks the market has done very well over the last 2 decades. That is despite all conventional thinking I held to be true, such as the importance of PE ratios in the 10 to 15 range, or that stocks require a healthy economy.

Turns out there is some paradigm I am missing.