the jobs and pay we saw in the oil industry when oil was "going to $150" not coming back. Ever
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this is not the kind of inflation that benefits mkts, only benefit that sector and its services
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o/g is a direct corollary, but other sectors benefit indirectly as well - of which
@wsj postures combatting global deflation -
yes services mostly but at $50 it will do practically nothing.
End of conversation
New conversation -
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Yep, the recession is right around the corner!!
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