Economy to ride out oil turmoil Date: Saturday, May 29 @ 22:42:04 PDT Topic: Business News; Market Research
China still isn't big enough to really matter – to either tip the world economy over the edge or, indeed, rescue it from such a plunge.
Similarly with oil. Perhaps surprisingly for some, oil is no longer "big enough to matter". Obviously, it does in terms of the cost of filling the tank, but not on its impact on the broader economy.
