FAST FIVE: Our Energy And Debt Predicament In 2019
Or they are concerned about recession and the need to lower interest rates.
Strange as it may seem, energy prices (including oil prices) are too low for producers.
Workers were laid off in this process; these layoffs added to the lack of buyers for finished goods and services.
Non-debt promises of many types can also have an impact (including ones not listed on Figure 9) on energy prices, but it is beyond the scope of this article to discuss their impact.
In Section , we saw that when the relief valve of lower interest rates had disappeared, wars and depressions have taken place.