[quote=The-Shoveler]I am not saying you’er wrong I am just trying to figure out what the trigger would be (for next recession).
Low Oil prices? (I think this is more just the Saudis dumping oil than anything else).
Consumers? (I was out shopping yesterday and the carts were five deep at all the check-out stands and all the stands were open) (out to eat same thing, standing room only).
I am just not seeing the trigger this time.[/quote]
This is what I really don’t get from the claims from ‘experts’ on tv:
Oil Prices are high : bad for economy and consumers. Hence markets are tanking
Oil Prices are low : bad for economy and consumers. Hence markets are tanking
So which one is it? Is there a certain sweet spot where oil prices are good for the economy?
