The market today is signaling that the era of easy money for governments is over. That has some serious negative implications for global growth and — by extension — oil demand.
![oil](https://images.forexlive.com/images/oil_id_ad5e1da7-ad71-4b4f-98cc-7096bb5b4e2a_size900.jpg)
The problem I see is that it also has negative implications for financing the green transition. The plan — particularly in Europe — calls for enormous amounts of spending on the transition but if the fiscal taps are turned off, what happens?