Let’s revel in our good fortune as oil prices continue to plunge. Oil prices have dipped under $50. If we are spending less for oil, we have more to spend on other things such as eating out, shopping and vacations. On the surface, it looks the American consumer finally got a break. The Trojan Horse of Low Oil Prices Before we pop the Champagne, we should consider the fact that someone in a position of authority thinks that the present economic situation could lead to economic devastation inside the United States and the proof for this is readily apparent.
Read more about How Plunging Oil Prices Could Lead To World War III
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