Stephen Schork: The Commodity Crash Is “A Canary In The Coal Mine For The Global Economy”

Saturday, August 8, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
08/08/2015

“This is the big concern because we keep on thinking that lower energy prices are somehow good for the economy. That can’t be, because energy prices or commodity prices in general don’t drive economic growth. Economic growth drives commodity prices. So there are a lot of telltales out there that this drop in oil prices, this drop industrial metal prices, this is not good. It’s a canary in the coal mine that something is not right in the global economy. And that is a concern for us all.”

The Rest…HERE

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