Actually I'm not a sheep farmer, another fallacy, but lower oil prices are a bonus for all western countries, farmers and airlines especially. Vlad might be looking at a firing squad if he's not careful though, dictators tend not to have a long life expectancy.
Gold's already started the next leg down, 1182.
Lehmans? Well, ancient history, but some 'very clever' university graduates who got it completely wrong, anyone who read the FT knew that one was coming.
