The Mythical Recovery [3]# Investment - 投资
s*l
1 楼
"Myth #3: Oil doesn’t matter. Every time oil prices go up, we are always
subjected to the same dismissive cop-out: Since the energy efficiency of US
GDP has continued to improve, the role of oil in shaping both production and
consumption has steadily diminished. As such, the impact of a given increment
in oil prices is not what it used to be. So don’t worry.
I have never bought this one either. The record is pretty clear on this risk
factor: Each of the five recessions since the early 1970s has
subjected to the same dismissive cop-out: Since the energy efficiency of US
GDP has continued to improve, the role of oil in shaping both production and
consumption has steadily diminished. As such, the impact of a given increment
in oil prices is not what it used to be. So don’t worry.
I have never bought this one either. The record is pretty clear on this risk
factor: Each of the five recessions since the early 1970s has