Showing posts with label commodity bubble. Show all posts
Showing posts with label commodity bubble. Show all posts

Wednesday, January 15, 2014

Ambrose Evans-Pritchard — Coming 'oil glut' may push global economy into deflation

OPEC spare capacity set to reach levels last seen in the depths of the financial crisis in 2009, analysts say...

One piece of the jigsaw puzzle is missing to complete the deflation landscape across the West: a slide in oil prices. This is becoming more likely each month.
The Telegraph (UK)
Coming 'oil glut' may push global economy into deflation
Ambrose Evans-Pritchard