GeneralBearishFortune Crypto · Mar 166/10
📰
The energy crisis isn’t recessionary yet, but there’s a scenario where oil prices could bring the US economy to a ‘standstill,’ Oxford Economics says
Oxford Economics warns that sustained high oil prices could bring the US economy to a standstill, though the current energy crisis hasn't triggered a recession yet. Higher-for-longer oil prices would create economic spillover effects that are difficult to control.
