Welcome to the new normal Clo,when the biggest players in
the markets are central banks......who control it!
The oil credit market is blowing up,hundreds of billions has
been lost in this decline,if oil goes to $40 the whole system
will blow up.Citi have increased their derivative exposure by
$9 trillion in the last qtr,$70 trillion in all......& they wrote the
legislation making the tax payer liable for any of their losses....lol.
but hey don't worry.....low oil prices are good for the economy
and the US has decoupled from the rest of the planet....rah,rah,
rah!
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