The report explores hypothetical scenarios of oil prices dropping to $15 per barrel, focusing on potential economic impacts, particularly in China. It discusses the likelihood of a hard landing in China, disorderly yuan devaluation, defaults on foreign-currency debt, and the collapse of domestic spending leading to reduced oil imports. The report concludes that low oil prices could be positive or negative for the global economy, depending on the cause, and highlights the challenges for central bankers and investors.
documents/vol00010-efta01459663-pdf.pdf
{"title":"CIO View Special - Imagining a world with oil at $15 per barrel","document_date":"2018-02","document_type":"other","key_locations":["China"],"document_subtype":"report","key_organizations":["Deutsche Asset & Wealth Management Investment GmbH"],"reference_numbers":["DB-SDNY-0120256","SDNY_GM_00266440","EFTA01459663"]}