Is a world recession coming?
Answer:
I think off hand without consulting with actual figures that your question might be right unless there are other intervention or changing elements or factors that could really affecting the world economy. Although at present, it seems the economic growth still exist in many countries, Asia for instance, even though the economic expansion rates are very small.
But, if the price of energy like oil keep going for whatever reason there is, the economic recession would be inevitable. Of course unless the alternative sources of practical substitute energies are founded and in real use. It is impossible for the economy to keep on moving and growing with one sector benefiting from the situation. The world will end up having oil producing countries earning all the wealth from every nations.
Surely, oil is a smart bet in this situation and of course if everybody thought so, oil betting itself will destroy the world economy as these betting will shoot the price of oil up that the economic recession will be sped up to come.
Yes, but it is a good ways off. China will be the number one contributor to holding of this world recession in the coming years. The emerging middle-class will hold it a bay until the rest of the world adjusts. The American stock market is like a cheap balloon filled with even cheaper helium and will either pop or sink soon.
Oil, medical, and food. 3 things people can't and won't live without.
America is OK, Asia is picking up, China got 10% growth
Germany looks good, France will gets it's act together now that they elected the right guy.
Africa's fcked up, but that it normal state over past 50 years.
S. America
Oil is not a good bet if you expect recession - it price will drop a lot since it is hard to decrease production (pulgging up wells isn't as easy as you think)
Gold & diamonds are a better bet in your case.
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