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re: Schlumberger announces 9000 job cuts due to low oil prices

Posted on 1/15/15 at 7:52 pm to
Posted by Jet12
Tweet, tweet, tweet, two steps.
Member since Nov 2010
20554 posts
Posted on 1/15/15 at 7:52 pm to
quote:

Those unexpected extra billions didn’t all go to retailers—in fact less a third of the windfall did. U.S. consumers actually used a big chunk to drive more, go to the movies more and eat out more.
quote:

Any chance this drives the economy into another recession?

Doesn't look like recession behavior to me...!
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
17486 posts
Posted on 1/15/15 at 7:54 pm to
I would imagine backpage is gonna get a boom in business as well
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