To the best of my knowledge every time the price of oil has increased 50% we’ve had a recession.
It may well be true that we are less dependent on oil than we were, say, 5 years ago but that doesn’t necessarily reduce the risk.
To the best of my knowledge every time the price of oil has increased 50% we’ve had a recession.
It may well be true that we are less dependent on oil than we were, say, 5 years ago but that doesn’t necessarily reduce the risk.
