You must log in or register to comment.
WTI (West Texas Intermediate) oil futures are also dropping rapidly, in expectation of lower demand.
Translating that for non economists: world trade is collapsing, Great Depression 2.0 here we come!
Well done trump I am sure eggs will be $200 a dozen by the time your done.
Given every report has been corrected lower for the last 8 years, this might mean we’re reaching a true net negative.
Global depression is a way to fight climate change I guess.
