Why the Economy Can Withstand $100 Oil

Story date: 2007-10-30 12:49:00
Added on: 2007-10-30 20:00:44

US News and World Report - Forget the credit crunch and mortgage crisis for a moment. What about rising oil prices? So far, the economy has shaken off high prices ... 4) OPEC shocks get a bad rap for the stagflation and recessions of the 1970s. In fact, oil may be guilty only by ...


Read more...

Related Stories:

• Keeping up with the gas guzzle (Big Bear Grizzly)

  A mortgage crisis and a credit crunch seem like enough to send the United States economy into a tailspin. But just as...
  2008-03-14 04:33:46

• Tomorrow's crisis: Credit cards - Walletpop.com

  As the foreclosure crisis continues to drag down the economy, it might be worth taking a moment to consider the next step...
  2008-12-03 05:08:00

• House prices fall as bank predicts credit crunch will hit UK hardest - Times Online

  House prices have recorded the first annual decline since 1996 as a leading investment bank gave warning that the economy would be...
  2008-04-30 03:53:00

• Greenspan fed up with housing crisis

  New York Daily News - ... of the Federal Reserve, suggested Sunday that a tax break or other government financial help...
  2007-12-17 08:22:00

• Russian economy outstrips U.S. mortgage crisis and declining dollar (Pravda Ru)

  The outgoing year was a troublesome and even an extreme period for the global economy . Economic shocks that occurred during the...
  2007-12-27 03:11:50

• Falling asset prices add to economy risks

  MSN UK News - The Bank's David Blanchflower, lamented the decision of his colleagues not to cut interest rates this month and...
  2008-01-28 09:48:00

• ALL BUSINESS: US credit crunch headlines in 2007; newsmakers' views in ...

  International Herald Tribune - The housing and mortgage crisis has escalated into a full-fledged credit crunch, which now threatens to throw the...
  2007-12-25 09:02:00

• Could Gore Kill Iowa?

  Slate - ... economist/blogger Tyler Cowen said he didn't think the subprime mortgage crisis was ... crisis because a) it was...
  2007-10-17 01:09:00