Alekbaylee Posted December 10, 2012 Share Posted December 10, 2012 Except for NA, things are getting bad almost everywhere. Japan is falling into recession again. EU is in trouble for a long time. And now some are predicting a 20% drop in Oil price if OPEC does not reduce production. http://business.financialpost.com/2012/12/06/oil-prices-may-collapse-if-opec-delays-production-cuts/ If this occurs prices/inflation should also drop considerably. Is this what Fairfax/Prem have been foreseeing for a long time? Link to comment Share on other sites More sharing options...
Palantir Posted December 10, 2012 Share Posted December 10, 2012 I thought Ben Bernanke was printing money and debasing the dollar and raising inflation and generally sending America to hell incahoots with his communist buddy BHO! [/sarcasm] . Apparently Big Ben knew what he was doing with a program of monetary easing. More seriously though I think most have expected EU to see deflationary pressures unless it initiates a program of monetary easing, which it is prohibited from doing...how that affects investments, no idea. Link to comment Share on other sites More sharing options...
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