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BofA: The oil crash is kicking off one of the largest wealth transfers in human history

February 1, 2016

BofA: The oil crash is kicking off one of the largest wealth transfers in human history
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Economists are still hotly debating whether the oil crash has been a net positive for advanced economies. Optimists argue that cheap oil is a good thing for consumers and commodity-sensitive businesses, while pessimists point to the hit to energy-related investment and possible spillover into the financial system. A new note from Francisco Blanch at Bank […] Source: Dutch Caribbean News BofA: The oil crash is kicking off one of the largest wealth transfers in human history

Source: http://www.sxm-talks.com/dutch-caribbean/bofa-the-oil-crash-is-kicking-off-one-of-the-largest-wealth-transfers-in-human-history/

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