By Shigeru Sato and Yuji Okada
June 25 (Bloomberg) -- The global economy would collapse if oil hit $200 a barrel, said the top energy analyst at Germany's largest bank.
``Two-hundred dollar oil would break the back of the global economy,'' Deutsche Bank AG's Chief Energy Economist Adam Sieminski said in an interview today in Tokyo. ``Next step after $200 would be global recession and bad news for everybody.'' Read more: World Economy Would Collapse
There are similarities between the decline and fall of the ancient Roman
Empire and the USA
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Old Worldwide Church of God booklet COGwriter Are the USA and its
British-descended allies a modern version of Rome that is declining? A
reader sent me a...
2 hours ago
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