https://freerepublic.com/tag/priceshock/ en-us Sun, 9 May 2010 20:18:29 GMT Focus Forum 15 https://freerepublic.com/focus/f-news/2510050/posts The Coming Oil Price Shock Commodities / Crude Oil May 08, 2010 - 05:20 PM By: Andrew McKillop Fatal Difference - Fatal Indifference - We need only to recap the experience of the 1970s and 1980s to understand why massive public national deficit financing of Keynesian-type spending to restore global economic growth will almost surely end with a 1970s style oil shock. That is oil price explosion, falling consumer confidence and corporate investment, falling economic growth, finance sector panic, competitive devaluation of world moneys and a catastrophic slump back into recession. Like the 1970s experience, the recession will be very... The Market Oracle https://freerepublic.com/focus/f-news/2510050/posts#comment Sun, 9 May 2010 20:18:29 GMT