[Coach]

Originally Posted by BigMeatballDave

2008/2009 Economy went to shit. Massive layoffs.

Different economy.

It’s also worth noting that many economists see this year’s crude crash as positive overall for the world economy, with the resulting lower gasoline prices, for example, putting more money in the average American’s pocket. Read more: Falling oil prices ‘like a tax cut’ for economy

There are worries that oil’s plunge indicates a global slowdown, but the International Monetary Fund has pinned 80% of the fall on supply-side causes, such as OPEC’s moves. Only 20% of the drop is due to declining demand from slowing growth, according to the IMF.

http://www.marketwatch.com/story/oil...008-2014-12-08