Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (914799)	1/16/2016 2:12:14 AM
From: RMF	Read Replies (1) of 1576386

I don't think you can give Obama credit for the drop in oil prices. Although, I think Reagan got some credit for the drop in oil prices in the 1980's even though HE didn't have anything to with that drop either. Normally, cheaper oil should SPUR economic growth. The difference in this case is the weakness across the board in commodities regardless of oil. That indicates a worldwide slowing of economies. This whole thing is ALL about the Chinese. They caused the BOOM in commodities and now they are causing the BUST in commodities. If you are an investor you have to place your bet on the Chinese. Will they make it through or Won't they? I'm betting that the Chinese will get through this. That's only because of their system, if they were a democracy they'd be TOAST...

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