There goes my marketing plan to sell pencils on street corners.
“Still, skyrocketing oil prices, which have reached record highs in recent days, may pose a risk to the economy.”
I’m not sure that I would say that they are “skyrocketing” at this point. They recently went up from $70 to $90. That’s a 28% increase. Of course, that is a lot, but not as much as from $20 to $70, which is an increase that the economy has already weathered.
Economy/Credit/Housing Ping List
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