There are a few things on the economic horizon to be scared of though. One is the fact the the Chinese economy right now is very weak, in fact they may be on the verge of a debt driven speculative real estate bust that will make the US one seem like a relative cakewalk. In fact the only reason why the House of Saud is lowering oil prices is to juice the American economy to soften the blow of anything that may happen in China. The other benefit is lower fuel prices hurt Russia and Iran, neither of which is friendly with the theocracy.
I am going to say, this may be stacking the chips in the favor of the US economically, which I cannot really complain about no matter how much I dislike Saudi Arabia's theocracy.
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