why the falling oil price may not lead to boom /

Published at 2016-01-17 12:59:04

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An economic boom generally follows a huge drop in the oil price but this time possibly different – indicative not of oversupply but weakness in demandThere was a time when Blue Monday meant a song by New Order. These days it is the third Monday in January,allegedly the most depressing day of the year.
Whether there is any scientific basis for this claim is debatable, but for what it’s worth the argument is that people feel miserable because Christmas is over, or the credit card bills are arriving,it’s dark when you move to work in the morning and it’s dark when you head home.
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Source: theguardian.com

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