We are living on debt financed by more debt.
My prediction : World wide economic collapse
It's not a matter of if but when .
Falling Oil Spells Boon for Most of Asias Economies
http://www.freerepublic.com/focus/f-news/3243569/posts
With oil at its lowest price in more than five years, governments in countries such as India and Indonesia can spend money on much-needed infrastructure and other growth projects without stoking inflation. Falling crude prices also give Chinas flagging economy a boost, allowing its central bankand others in the regionto ease rates even as a recovering U.S. looks to do the reverse, economists say.
Combined with loose monetary policy and a gradual recovery in global demand for goods and services, falling oil prices should help lift emerging Asias gross-domestic-product growth this year to 4.7% from an estimated 4.3% in 2014, according to Capital Economics, a consulting firm.
Bring it
If it's world wide ... NOTHING CHANGES !
Except EVERYONE will pay less for everything and it won't matter that they GET LESS pay
Personally, I see the world in very simple ways these days