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This is simply a badly written article. In 2008 oil was very high, the market was not. Now in 2016, oil is very low, and the market is heading down. There's lit
by lowpro 11y ago
This is simply a badly written article. In 2008 oil was very high, the market was not. Now in 2016, oil is very low, and the market is heading down. There's little correlation, and the market conditions today could be argued to be a result of bad regulation and poor government interference in the private sector (conservative view anyway), and now people want even more government influence when it's in $19 trillion in debt and the Federal Reserve mark to market is insolvent.
- steego 11y ago> In 2008 oil was very high, the market was not. In 2008 oil and the market was very high and they both crashed toward the end of they year and into 2009. https://en.wikipedia.org/wiki/World_oil_market_chronology_from_2003 https://en.wikipedia.org/wiki/World_oil_market_chronology_fr...