Monday, February 8, 2016

Crude Oil Instead Of Mortgages: Is Another 2008 On The Horizon?


Let's hope not but if we operate on the premise that history repeats itself, the anecdotal evidence seems to point to the fact that banks may once again be in trouble!

Only this time, instead of bad mortgages, it's bad oil loans and derivatives bets.

Read the story at the article 'Banks, Crude Oil, Mark-To-Market, The Federal Reserve And Yes, Real Estate!' here!

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