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A comment on Wherever oil goes, the stock market goes. Parent comment
https://en.wikipedia.org/wiki/Petrodollar_recycling
The idea that the major oil producers earned such a windfall that their money immediately would be sent back to the west in form of investment.
Today I think it is more complex and the low oil price is both a cause and a symptom of something that is mostly not so good.
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https://en.wikipedia.org/wiki/Petrodollar_recycling
The idea that the major oil producers earned such a windfall that their money immediately would be sent back to the west in form of investment.
Today I think it is more complex and the low oil price is both a cause and a symptom of something that is mostly not so good.