Friday, December 5, 2014

Oil Price Drop = Derivatives Implosion

Look out below as the (engineered) collapse starts in earnest. OPEC's decision to maintain oil production has kept prices falling, which is endangering the derivatives, most of which are in the energy sector. Right on cue: bank failures; bail-ins; chaos and, eventually, salvation by the New Boss (same as the old Boss):

http://theeconomiccollapseblog.com/archives/plummeting-oil-prices-destroy-banks-holding-trillions-commodity-derivatives

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