Quote:
Originally Posted by begsu1013
i would be more worried if oil hit fifteen bucks a barrel and the aftermath it would produce on our economy vs the stock market tanking.
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Wow, Bob, you're one of the very few that actually gets it. It's funny how many people commenting have no clue how the economy really works.
Someone else in this thread eluded that cheap gas prices are great. They think it doesn't effect them
Ummm, can you say 'trickle down effect'?
One of the indicators of a recession is low oil prices (just like the last recession).
Edited to show graph between low oil prices and last recession.