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The Narrative Changes: Goldman "Explains" That Higher Oil Prices Are Actually Better For The Economy

The Narrative Changes: Goldman "Explains" That Higher Oil Prices Are Actually Better For The Economy

Back in late 2014 and early 2015, this website soundly mocked any and every economist that suggested that plunging oil prices - in a globalized economy where oil has been financialized beyond recognition and impacts every asset class, the stock market, global trade flows, and international diplomacy - is "unambiguously good."