Sunday, October 19, 2008

The dark side of lower prices(Deflation)

http://money.cnn.com/2008/10/17/news/economy/deflation/index.htm?postversion=2008101705

Deflation, the devil of all evils, is touted as a rising comeback possibility, and if oil continues to call below 50 by the end of the year, do not rule anything out,in my humble opinion.

There was a time when oil prices ruled the market, not anymore...
Hee Teck

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