Posts filed under “Commodities”
A word about tipping points:
Plus, I cannot help myself. The alternative is my writing:
"Eventually, oil prices will matter far more than they have so to date. The intersection between
energy consumption and the economy has a non-linear dynamic to it. While
$40 and $50 and even $60 oil have not done significant damage to global
consumption, there will come a certain price that will. Eventually, high energy will be the straw that breaks
the global economy’s back, causing a worldwide slowdown or even recession."
Or, I can merely type that Oil hasn’t reached its tipping point yet.
I know it has rapidly become an over-used cliche, but it can be a terribly useful one.
To make it up to you, I hereby promise to refrain from using the phrase Blink under all but the most dire circumstances.