Global economy is weak due to low oil price still being priced in!!!!!!!

ibnanv

Well-known member
  • Jun 27, 2009
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    Low Oil price still making deflation. Since Real cost has dramatically come down. It is like a spiral. Now Deflation is still being priced in to other goods and services. Actual output has stagnated. But things will be cheaper. One should expect prices of 1990s . When Oil was at 10-18$. That would boost Global economy in the long run.