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The Eurozone is flirting with deflation.
All commodities have heavily deflated not just oil.
This is due to reduced demand.
The reason is because most people are poorer than they were pre-financial crisis.
All industrialized governments are engaged in austerity.
The stock market is a ponzi scheme.
The entire gain of this business cycle has gone to the top 10%.
The top .1% and .01% being the real winners.
The bottom 90% of us have lost ground.
Rich people buy securities. The middle class and below buy goods.
While low oil prices are good for many countries, that they are driven by soft demand is not good.
These characteristics will not change. There is no incentive for the power that can change this dynamic to change this dynamic.
The ultra-rich will continue to get much richer.
You, you and your siblings, will continue to get have less...
Happy 2015.
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