Quote:
Originally Posted by burn_this_city
This is a 1-3 year trough brought on by a cheap debt shale oil bubble. Salaries will probably level off for a few years before climbing slowly again. I realize the herd mentality makes this seem like its a permanent paradigm shift, but I'm not buying that yet.
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What do you think is different between now and the 80s, when the Saudis were quite happy to open up the taps full-bore for 5-6 years?