Oil has fallen below $30 per barrel. The decline in oil prices that alarmed the world when it began in 2014 has lasted much longer than expected. Natural gas, steel, copper, and other commodities are also seeing their prices fall. Economists are becoming alarmed as all the signs indicating some kind of pending recession are appearing.
US media would have us believe that the
“Chinese Slowdown” is solely responsible for this looming escalation of
the economic crisis. However, it is widely acknowledged that the low oil
prices are quite costly for the global economy and that this prolonged,
artificial deflation is getting more and more dangerous. The price drop
is intentionally planned and being carried out for specific purposes.
For very selfish reasons, the House of Rockefeller is playing with fire,
and threatening to burn the entire global economy to the ground.
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