TheMotorcycleBoy wrote:TUK020 wrote:While we have been meandering, another year has gone past. Shouldn't the title of the thread now be "Isn't 2008 so last year?"
Ha!
Or continuing from johnhemming:johnhemming wrote:TheMotorcycleBoy wrote:But continuing from johnhemming why does the negative spike promote the likelihood of another "proper financial crisis" ?
I don't think it does. It causes difficulties for countries like Venezuela and Saudi Arabia, but the general world economy finds lower energy prices a stimulus to growth.
"Is 2019 going to be a boom bull year, because we've got lower energy prices, and hence a growth stimulus?"
If markets were as easy as low energy costs = boom, there would be a lot of rich investors.
Regards,