The price of oil is headed "unimaginably higher" in the next few years - to somewhere north of $300 a barrel - because of two very simple forces. Words: 708
Read More »More Quantitative Easing Would Have Frightening Side Effects
Like, ‘depression', ‘recession' has become an unacceptable word, because its use would drain confidence even more heavily. The housing market is already tipping into another negative slide with new house sales falling and mortgage rates at record lows. What can be done? We...see more quantitative easing as being unavoidable within three months, if the bad news continues. This time, [however,] we have to ask, can it be managed without frightening side effects? Words: 833
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