Wednesday, 27 January 2016
WHO'S AFRAID OF CHEAP OIL?
Well according to this article quite a few nations will be badly affected and it could lead to a financial crisis. One thing is certain - no one predicted the oil price fall correctly, just as no one predicted the banking crisis correctly back in 2008. So how do we know what the result of cheap oil will be? It's as hard to predict the economic climate as it is to predict the atmospheric climate.