Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.

Colonel Gaddafi is spooking the markets, prompting a flight to safety and a spike in the price of crude oil. Such sharp rises in oil have many a time heralded, if not caused, recessions. James Mackintosh, FT’s investment editor, considers whether a downturn is now around the corner.

Click here or on the image below to watch the video.

Source: Financial Times, February 22, 2011.

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Pouring oil on troubled economies was first posted on February 23, 2011 at 7:30 am.
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