No risk of World recession anytime soon because so
Post# of 96892
Posted On: 08/01/2015 9:11:51 PM
No risk of World recession anytime soon because some of the
biggest economies like INDIA, CHINA, GERMANY even USA
all NET BENEFIT from the lower OIL prices and other commodities
to fuel their growth and the low OIL prices are going to persist
for another few years easy. Add to that technological innovation
is happening at a faster pace in all aspects of business than
ever before. Add to that the Central Banks have all colluded
to print as much money anytime anywhere to prevent another
2008 meltdown scenario from happening.
The only real scenario that could upset things imo is
another MAJOR 911 that causes a MAJOR WAR outbreak.
Unfortunately ISIS is trying to get capable of doing just
that so we just hope USA military can keep a lid on the
threats
biggest economies like INDIA, CHINA, GERMANY even USA
all NET BENEFIT from the lower OIL prices and other commodities
to fuel their growth and the low OIL prices are going to persist
for another few years easy. Add to that technological innovation
is happening at a faster pace in all aspects of business than
ever before. Add to that the Central Banks have all colluded
to print as much money anytime anywhere to prevent another
2008 meltdown scenario from happening.
The only real scenario that could upset things imo is
another MAJOR 911 that causes a MAJOR WAR outbreak.
Unfortunately ISIS is trying to get capable of doing just
that so we just hope USA military can keep a lid on the
threats
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