&gt; I fear that with a double whammy of low oil prices and low commodity prices, it will spark a long period of economic stagnation in the near future, as more jobs disappear<p>So if commodity prices go up, it&#x27;s bad because Europe can&#x27;t afford those commodities. But then if they go down it&#x27;s also but because...?<p>Heck, it&#x27;s not a double whammy, it&#x27;s good news for most countries in the world. A different story might be <i>why</i> are these commodities going down (because China&#x27;s demand has been drying up), and that might actually be bad news, but it&#x27;s another argument.