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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (108870)12/9/2014 8:56:47 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 218740
 
The US was saved by the boom in "fracking" generating new jobs and saving in petrodollars that stayed home. Therefore the balance of trade improved.

Now with low energy prices many "fracking" drills are not profitable people will start to be laid off and with a multiplier effect of about 5 it will slow the US GDP.

Therefore the FED will stay put

If indeed the low energy prices will badly hurt the Russian economy and the present Kremlin junta will need some real soul searching and some change in leadership be prepared for the EUR to appreciate substantially as 200 million hungry and deprived consumers will glamor for EU goods.