Meanwhile in the UK, it makes marginal difference. Prices have fallen but no where nears as dramatically. It was £1.25/ Litre but now £1.07/ Litre. But over here, 70% of the petrol price is tax of some kind.
But to be honest, I think we need some deflation. Pay is stagnant and likely to stay that way, so any inflation is really worse.
I think alot of oil producing countries (except Saudi Arabia and maybe the UAE) will be hurt by the falling oil prices though. In the west, cheap fuel may help stimulate the economy but unless there is a shift back to more manufacturing here. I think the economy will remain hurt. The housing market and the debt from it, helps no one in the long run
Xbox One, PS4 and Switch (+ Many Retro Consoles)
'When the people are being beaten with a stick, they are not much happier if it is called the people's stick'- Mikhail Bakunin
Prediction: Switch will sell better than Wii U Lifetime Sales by Jan 1st 2018
