What will happen to economy if oil prices keeps low or lower?
>>2939637
everything becomes free and all wars are ended
>>2939643
most countries depends on oil exports.
>>2939643
>this is the world libtards want
>>2939643
>everything becomes free
When the price of oil dropped in 2014-15, the price of bread and eggs stayed the same.
I expect bread and eggs to get sliiiightly cheaper - if not, I'm going 100% into crypto and selling organic eggs
Fuck the oil based economy, but fuck hippy dreamers too.
-US dollar index rises
-Canadian/Aussie/NZ dollar falls
-Mad sand niggers
-Happy shale drillers
-Happy USA
-Low gas prices
-Low grain prices
-Low oil producer equity prices
-DOW30 unaffected
-USA can produce oil at a much lower cost so they would be fine. Everyone other oil producer would panic
t. crude oil trader
>>2939637
IF BERNIE WERE ELECTED WE'D ALL HAVE FREE TESLAS NOW
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
>>2939637
tesla will go up
>>2939637
people in iran/saudi arabia/north africa will go back to living in mud huts... or more likely just all immigrate to western europe