This guy been around as long as me
http://www.radionz.co.nz/audio/player/201788972
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This guy been around as long as me
http://www.radionz.co.nz/audio/player/201788972
Im afraid that is not the only loser--whole developing countries are facing possible bankruptcy,not to mention a few larger economies that are also having a rough time -Russia-even Saudi Arabia.
The problem with your premise IMO is that you are not thinking Globally--Whole countries used to be able to pay their bills and now that is in doubt. Many economies are slowing ,which means the hunger for oil has decreased as well.
That money that is now free to be spent elsewhere pales in comparison.
Have a look at the world markets
http://money.cnn.com/data/world_markets/europe/
air New Zealand..a well run company with good numbers that benefits from cheap oil is down 5% today
I would describe that as ..collateral damage
With the schools back Percy is back selling books.[with renewed vigour]
So far sales are great.
With lower petrol prices my biggest overhead, petrol has just come down very nicely.
I feel I am "well positioned" for another fantastic year.
I must say, as a new investor I really seemed to have entered the market with terrible timing. With global markets looking the worst they have since 2008 and banks introducing negative interest rates its a bleak looking future :(
But wait!
Could this chap have something here?
http://www.mauldineconomics.com/the-...-deflation-now