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The rise in oil prices caused a drop in demand, which punctured the dot.com speculative bubble. That particular Ponzi scheme would have continued for a while longer if oil prices had not risen.
EP
Space/Science » in reply to Not too versed on economics, either...
The rise in oil prices caused a drop in demand, which punctured the dot.com speculative bubble. That particular Ponzi scheme would have continued for a while longer if oil prices had not risen.
EP