The Global Economic “Nuclear Options” – Oil Pinned Below $30/barrel, US Dollar Rising
by Charles Hugh-Smith via OfTwoMinds blog,
ZeroHedge.com
Oct 6, 2016
These two nuclear options could strike the global economy even without any planning.
The “nuclear option” is the extreme-measures button you push when conventional approaches have failed and you’re facing certain defeat. In terms of upsetting the global economy’s precarious balance, there are two nuclear options short of actual nuclear war: pinning oil to $30/barrel or even lower for an extended period, and triggering a sustained rise in the US dollar. (USD)
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