What is the matter with western economists? At least all the ones - TopicsExpress



          

What is the matter with western economists? At least all the ones I am seeing interviewed these days - they are all rending their garments and gnashing their teeth, lamenting the crash of the price of oil as if it is a permanent thing. WAKE UP!! This is just an OPEC experiment to see what the dependent west will do when they flood the market. They can cut production TOMORROW and the price will be back up where it was within a week! FFS! DONT go recommending wholesale policy changes because of this TEMPORARY low oil price! I am NOT an economist and even I can see this!
Posted on: Thu, 01 Jan 2015 23:46:59 +0000

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