The Price of Oil and What it Means to the World Economy
Economy | Information | History | Online | Facts | World | Global | Money
In this video I cover the technical picture of the crude oil price and what it is saying about the global economic picture. Donate to maneco64: https://www.patreon.com/user?u=3730528 Donate bitcoin: 14DUCdB6ZPP3su12VeN1BxWgvMHjAVZJSH
Comments
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Great analysis, would love to hear your thought on "Australia’s Central Bank Cuts Interest Rates to Record Low (1.50% now it stands)", are the central banks around the world rushing to zero interest rate to get growth or is this coordinated effort?
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Oil should have one last crash, then when financing of shale comes to an end. Oil price will shoot up once again.
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If the oil bear trend continues, we should see the stock market follow.
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It appears we've been sold misinformation about health. Doctors, body builders, and moms/dads are changing their habits and making videos about the ketogenic diet and recipes. Dr. Richard K. Bernstein (YouTube videos and website askdrbernstein dot c o m) and "Grain Brain" by Dr. David Perlmutter (see Amazon) prove most carbs are bad. The implications are causing a major move away from grains and towards a keto diet and will affect grocery purchases. The only thing that does not raise your blood sugar is animal fat and fatty fish (butter, cream, lard, tallow) and to loose weight you should make it 80% of your diet, which not only makes you feel full (so you eat less), but it's healthy for you. Protein should be in proportion to build or sustain muscle. Carbs should be limited to only those which do not raise blood sugar and only 20% of your diet. The magic blood sugar number is proven to be 83 for life and health. Change is coming at break neck speed.
Polyface Farms (YouTube) shows how environmentally stable these farms can be in opposition to current soil destroying practices. This means less diesel machinery, less pharmaceuticals due to better health, and less junk food in the grocery.
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