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The Biggest "Hamilton Oil Shock" In History

By: capt_nemo in FFFT3 | Recommend this post (2)
Fri, 30 Jan 15 11:20 AM | 42 view(s)
Boardmark this board | Food For Further Thought 3

Msg. 08383 of 65535
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Slowly but surely, the narrative that plummeting oil prices is "unambiguously good" for the economy is fading into obscurity, as reality is starting to emerge. For the latest capitulation we go to the Bank of America chart of the day which shows that the current Hamilton Oil Shock is now the biggest in history, surpassing even the Lehman collapse.

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http://www.zerohedge.com/news/2015-01-29/biggest-hamilton-oil-shock-history

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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