> By contrast, when we suggested in April that oil prices were likely to rise further, we were out on a limb. Alas, we were dead wrong.
Why "alas?" They wanted an economic collapse?
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Maybe the Economist wanted to provide good analysis for their readers and they feel sorry that they failed.
They're capitalists before they're economists. If you predict the future correctly, you can make money. If you predict it incorrectly, you lose money. Alas.