By Michael Snyder, on December 3rd, 2014 Could rapidly falling oil prices trigger a nightmare scenario for the commodity derivatives market? The big Wall Street banks did not expect plunging home prices to cause a mortgage-backed securities implosion back in 2008, and their models did not … [Read more...] about Plummeting Oil Prices Could Destroy The Banks That Are Holding Trillions In Commodity Derivatives
Guess What Happened The Last Time The Price Of Oil Crashed Like This?…
By Michael Snyder, on November 30th, 2014 There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time this happened was during the second half of 2008, and the beginning of that oil price crash preceded the great … [Read more...] about Guess What Happened The Last Time The Price Of Oil Crashed Like This?…
Sell, Sell, Sell…….The Central Bank Madmen Are Raging
STOCKMAN'S BEST OF THE WEEK, STOCKMAN'S CORNER- 23/11/2014 The global financial system has come unglued. Everywhere the real world evidence points to cooling growth, faltering investment, slowing trade, vast excess industrial capacity, peak private debt, public fiscal exhaustion, currency wars, … [Read more...] about Sell, Sell, Sell…….The Central Bank Madmen Are Raging