Who REALLY Knows When An Economy Is In Shambles??

Who REALLY Knows When An Economy Is In Shambles??

Whether or not they mean the economy is in trouble is up for interpretation, there’s no denying that the following are legit issues.

What $120 Oil Means for the Global Economy — Inflation, Costs and Market Impact

At $120 per barrel, oil begins to reshape the global economy, pushing inflation higher, raising transport and production costs, tightening financial conditions, and forcing governments and central banks into difficult policy decisions. When Oil Reaches $120, It Stops Being Just a Price Oil at $120 is not just another data point. It is a threshold. Below that level, higher prices are often absorbed gradually across the system. Above it, the impac…