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Then how do you explain the obvious correlation between 2008's financial events and the oil price ? And all the previous times that happened ? Or do you think w
by waps 13y ago
Then how do you explain the obvious correlation between 2008's financial events and the oil price ? And all the previous times that happened ? Or do you think we've advanced ridiculously beyond what we had in 2008 ?
- fauigerzigerk 13y agoMy explanation is that both are caused by a third variable: A speculative credit bubble that affected all kinds of assets, including commodities and and real estate.