[Peakoil] Oil Derivatives Explode in Early 2015-Rob Kirby | Greg Hunter’s USAWatchdog

[Antony Broughton Barry]

The thesis in this article is that shale oil in the US has been developed by debt which cannot be serviced at current prices and is effectively junk debt. The borrowers will go insolvent and the overexposed lenders will collapse or be propped up once again. A global financial crisis is on the way again.

http://usawatchdog.com/oil-derivatives-explode-in-early-2015-rob-kirby/