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BlackRock boss Larry Fink: Oil at $150 will trigger global recession
Larry Fink says if oil prices stay high for a sustained period it will have "profound implications" for the world economy.
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bbc.com
BlackRock boss Larry Fink: Oil at $150 will trigger global recession
Larry Fink says if oil prices stay high for a sustained period it will have "profound implications" for the world economy.
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fortune.com
Larry Fink says the Iran war ends in one of two extremes: Abundance, growth, and oil at $40 a barrel, or a global recession and years of…
“I could paint a scenario where I could see, a year from now, oil at $40 a barrel; I could see it above $150. We have two very extreme outcomes,” Fink told the BBC this morning.
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independent.co.uk
Blackrock boss warns of ‘stark global recession’ if oil prices hit $150
Larry Fink has warned that those on lower incomes will be harder hit than the wealthy if energy prices continue to soar