If you want some real analysis rather than some half-baked opinions that you find on Facebook then read this.
Deflationary Collapse Ahead?
26 August, 2015
Both the stock market and oil prices have been plunging. Is this “just another cycle,” or is it something much worse? I think it is something much worse.
Needless to say, stagnating wages together with rapidly rising costs of oil production leads to a mismatch between:
The amount consumers can afford for oil
The cost of oil, if oil price matches the cost of production