EMerging Equity
Oil Crash
Why The Damage To The Economy Caused By The Oil Crash Is Going To Get Progressively Worse – OpEd
By Michael Snyder We are really starting to see the price of oil weigh very heavily on the economy and on the stock market. On Tuesday, the Dow was down 291 points, and the primary reason for the decline was disappointing corporate sales numbers. For example, heavy equipment manufacturer Caterpillar is blaming the “dramatic decline … Continue reading
$200 Billion In Debt Looms Over U.S. Oil And Gas
Plummeting Brent oil prices are putting pressure on North American shale, which has sunk hundreds of billions of dollars into investment, and could soon come crashing down. Tempted by big returns, shale companies have borrowed more than $200 billion in bonds and loans, from Wall Street and London, to cover development and projects that may … Continue reading
Ten Key Events That Preceded The Last Financial Crisis That Are Happening Again RIGHT NOW
By Michael Snyder If you do not believe that we are heading directly toward another major financial crisis, you need to read this article. So many of the exact same patterns that preceded the great financial collapse of 2008 are happening again right before our very eyes. History literally appears to be repeating, but most … Continue reading
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