Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Lurkina.n.Learnin

Low energy prices do not start a recession, except in a country dependent upon the money like Iran and Venezuela.


10 posted on 12/16/2014 5:07:10 AM PST by thackney (life is fragile, handle with prayer.)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: thackney

Autocratic regimes will bear the brunt of falling oil prices.

Personally, I could care less that our adversaries are on the verge of being bankrupt.

I hope the price of oil drops a lot further.


17 posted on 12/16/2014 5:12:14 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
[ Post Reply | Private Reply | To 10 | View Replies ]

To: thackney
Low energy prices do not start a recession, except in a country dependent upon the money like Iran and Venezuela.

Not so sure. Where are the growth areas in the US? Silicon Valley? I don't think so. ND, SD, OK, TX, the oil boom states were certainly one of the growth areas in this country.

Not that is going bust, and one of the growth areas in the economy is gone. Plus the defaults on all the lending to the oil and oil service companies. Could be enough to start another big recession. If prices continue to get cheaper, that will be a big clue.

44 posted on 12/16/2014 6:27:35 AM PST by The_Media_never_lie (The media must be defeated any way it can be done.)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson