oil -- brenttioned is below $40 today. is this good disinflation?ome are saying that it stems from supply rather than demand. is this a good thing for economies? jeremy: i think this is good in the short term for the new, developed economies. it is a good thing for the eurozone which is still short on demand. as a component of gdp, moving forward. year, going back to the speech last summer -- talking about how they want to -- rates and there was a push lower of inflation may have saved them in the short-term, it may come through in 2016. the fear is, what happens in the corporate sector as a result of these continually low prices? mark: you couldn't say that ignited growth? why will it this time? jeremy: i'm not sure that it will. it may give policymakers a little bit more of a chance to reassess what they want to do. i still think -- apart from, no, including the fed -- , followingre seeing up on oil prices as we mentioned at seven-year lows and metal prices going down to eight-year lows, does the china demand or matchown, does it seem to the level