Socio-Economics History Blog

Socio-Economics & History Commentary

RBS Cries ‘Sell Everything’ as Deflationary Crisis Nears

http://www.telegraph.co.uk/finance/economics/12093807/RBS-cries-sell-everything-as-deflationary-crisis-nears.html

In a deflationary crisis, banks will collapse as asset prices spiral downwards and default on loans escalate. The financial system will go into meltdown. Smart money will flee to physical gold/silver because confidence in in the banking/financial system will evaporate. Got physical gold/silver yet? Click on image for article.

January 12, 2016 Posted by | Economics | , , , , , , , , , , , | Comments Off on RBS Cries ‘Sell Everything’ as Deflationary Crisis Nears

CNN Calls For Obama To Declare National State Of Emergency To Gut 2nd Amendment

  • Published on Jan 9, 2016
    Elliot Fineman, of the National Gun Victims Action Council, wants the president to follow through on his recent gun control efforts by “monitoring ammunition sales and banning those on the terror watch list from buying guns.”

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January 12, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , , | Comments Off on CNN Calls For Obama To Declare National State Of Emergency To Gut 2nd Amendment

Shipping Said to Have Ceased… Is the Worldwide Economy Grinding to a Halt?

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January 12, 2016 Posted by | Economics | , , , , , , | Comments Off on Shipping Said to Have Ceased… Is the Worldwide Economy Grinding to a Halt?

Arrangement Between Gülen Muslim Schools And The CIA Exposed! They Are CIA Front.

  • This should come as no surprise to people who study the operations of western Illuminist intelligence agencies: CIA, MI5/6, Mossad … They will infiltrate, finance, support … any religious groups: Christian, Muslim … and then pervert them for Illuminist objectives. Moderate groups can easily be subverted into extremist terrorist organizations.
  • Published on Jan 10, 2016
    A memoir by a top former Turkish intelligence official claims that a worldwide moderate Islamic movement based in Pennsylvania has been providing cover for the CIA since the mid-1990s. The memoir, roughly rendered in English as “Witness to Revolution and Near Anarchy,” by retired Turkish intelligence official Osman Nuri Gundes, says the religious-tolerance movement, led by an influential former Turkish imam by the name of Fethullah Gulen, has 600 schools and 4 million followers around the world.


    http://www.infowars.com/islamic-group…
    http://www.infowars.com/turkish-imams…
http://voices.washingtonpost.com/spy-talk/2011/01/islamic_group_is_cia_front_ex-.html

Click on image for article.

http://www.globalresearch.ca/london-based-islamist-hate-preacher-abu-hamza-was-an-agent-of-british-intelligence-service-mi5/5382472

Click on image for article.

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January 12, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , | Comments Off on Arrangement Between Gülen Muslim Schools And The CIA Exposed! They Are CIA Front.

Euro Police Cover-Up Muslim Rape Epidemic

  • Published on Jan 11, 2016
    Alex Jones and Infowars reporter Paul Joseph Watson discuss the Muslim rape epidemic sweeping across Europe and the chaos that it is causing.

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January 12, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , | Comments Off on Euro Police Cover-Up Muslim Rape Epidemic

China Orders Banks to Stop Purchasing US Dollars

  • Published on Jan 11, 2016
    In a stunning move, China has suspended some banks from Foreign Exchange markets and ordered other banks to stop buying Dollars. China’s foreign exchange regulator has ordered banks in some of the country’s major import and export centers to limit purchases of U.S. dollars this month, three people with direct knowledge said, in the latest attempt to stem capital outflows. 


    The move comes as China reported its biggest annual drop in foreign exchange reserves on record in 2015, while the central bank has allowed a sharp slide in the Yuan currency to multi-year lows, raising fears of more capital flight.

    All banks in certain trading hubs, including Shenzhen, received the order recently, the people added. They declined to be identified because they are not allowed to speak to the media. The total amount of U.S. dollars sold to clients in January for a bank in one of these hubs cannot exceed the amount sold in December, according to the people. 

    “They have asked us to limit our purchase amount and there are targets, but it mainly relates to institutions and enterprises, there is no change to the policy on individuals,” said one person. 

    https://www.superstation95.com/index….

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January 12, 2016 Posted by | Economics, GeoPolitics | , , , | Comments Off on China Orders Banks to Stop Purchasing US Dollars

Turkey and Saudi Arabia Biggest Threats to World Peace – Senator Black

  • Published on Jan 11, 2016
    In an interview with RT, Virginia state Senator Richard Black says that Saudi Arabia and Turkey are the two biggest threats to world. “It’s not Iran, it’s not Syria, it’s not any other country. It emanates from Saudi Arabia,” Black says, noting the prominence of the Islamic doctrine of Wahhabism. Meanwhile, Turkish President Erdogan intends to impose an absolute dictatorship, the
    senator says.
https://www.rt.com/usa/316558-us-training-jihadists-dick-black/

Click on image for article.

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January 12, 2016 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off on Turkey and Saudi Arabia Biggest Threats to World Peace – Senator Black

‘Chaos’: Far-Right Thrives in Cologne Attack Fallout

  • Published on Jan 11, 2016
    Unknown assailants attacked and injured several immigrants in two districts of Cologne on Sunday evening. One of the attacks took place near the city train station, where mass assaults on women happened on New Year’s Eve.

Texe_Marrs_Satanic_Masonic_Doctrine_Circle_of_Intrigue

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January 12, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , | Comments Off on ‘Chaos’: Far-Right Thrives in Cologne Attack Fallout

Palestinian Man Shot by Israeli Troops Near Jenin

  • Published on Jan 11, 2016
    Israeli media say a young Palestinian man was gunned down close to a settlement near the city of Jenin, north of the occupied territories. The Israeli army says the attacker was shot on sight while she was trying to stab a soldier. On Saturday, two more Palestinians were killed by Israeli troops at another checkpoint, north of the Jordan Valley. At least 152 Palestinians and 22 Israelis have been killed in clashes between the Israelis and Palestinians since the beginning of October. The violence erupted after Israel restricted Palestinian access to the al-Aqsa Mosque compound in East Jerusalem al-Quds.
http://www.haaretz.com/blogs/a-special-place-in-hell/.premium-1.671538

Click on image for article.

http://www.haaretz.com/opinion/.premium-1.679129

Click on image for article.

  • Modern Ashkenazi Khazars (90+% of modern Jewry) are NOT the Jews of the Bible! Ashkenaz is not from the tribe of Shem ie. not semitic! They cannot be the descendents of Jacob/Israel who are from Shem!

    Genesis 10:1-3 (New King James Version)
    Nations Descended from Noah
    1 Now this is the genealogy of the sons of Noah: Shem, Ham, and Japheth. And sons were born to them after the flood. 2 The sons of Japheth were Gomer, Magog, Madai, Javan, Tubal, Meshech, and Tiras. 3 The sons of Gomer were Ashkenaz, Riphath,[a] and Togarmah.
https://socioecohistory.wordpress.com/2012/12/03/ashkenazis-self-styled-jews-are-not-the-descendants-of-the-ancient-israelites/

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

http://www.independent.co.uk/news/world/middle-east/former-israeli-soldier-describes-how-idf-troops-do-not-view-palestinians-as-human-beings-9828056.html

Click on image for article!

We are trained to not see Palestinians as humans – former IDF soldier!

http://www.haaretz.com/misc/article-print-page/.premium-1.590048?trailingPath=2.169%2C2.216%2C2.217%2C

Click on image for article!

http://www.haaretz.com/opinion/a-good-jew-hates-arabs-1.459832

Click on image for article!

http://www.haaretz.com/news/diplomacy-defense/.premium-1.530993

Click on image for article!

https://socioecohistory.wordpress.com/2011/05/26/ashkenazi-jews-are-not-descendents-of-the-biblical-israelites-2/

Click on image for article!

  • Sir Gerald Kaufmann (UK Jewish MP):
    “My grandmother was ill in bed when the Nazis came to her home town. A German soldier shot her dead in her bed. “My grandmother did not die to provide cover for Israeli soldiers murdering Palestinian grandmothers in Gaza. ”

    “The present Israeli government ruthlessly and cynically exploits the continuing guilt among gentiles over the slaughter of Jews in the Holocaust as justification for their murder of Palestinians.”

  • He said the claim that many of the Palestinian victims were militants “was the reply of the Nazi” and added: “I suppose the Jews fighting for their lives in the Warsaw ghetto could have been dismissed as militants.”

‘Israel was born out of Jewish Terrorism! …. They are not simply war criminals. They are fools!’

  • … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” from 4:22 onwards
  • “In 2001, Dr. Ariella Oppenheim, of Hebrew University, a biologist, published the first extensive study of DNA and the origin of the Jews. Her research found that virtually all the Jews came from Khazar blood. Not only that but Oppenheim discovered that the Palestinians—the very people whom the Jews had been persecuting and ejecting from Israel’s land since 1948—had more Israelite blood than did the Jews. In sum, the vast majority of the Jews were not Jews; some of the Palestinians were. Some of the Palestinians even had a DNA chromosome which established that they were “Cohens”—workers at the ancient Temple and synagogues of the Jews.” – Quote
http://www.democracynow.org/2013/1/29/the_gatekeepers_in_new_film_ex#.UQf8XvB8aRA.email

Click on image to goto video interview of director Dror Moreh!

“Shalom (Ex ShinBet chief) shocked viewers. He called Israeli occupation no different from Nazi occupied Europe.” – Quote

https://socioecohistory.wordpress.com/2010/05/06/is-the-star-of-david-a-jewish-or-biblical-symbol-or-an-occult-satanic-symbol/

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

http://www.scienceworldreport.com/articles/10059/20131009/dna-samples-confirm-ashkenazi-jews-are-of-european-descent-study.htm

Ashkenazi Khazar Jews are not semitic people and not the real Jews of the Bible! Not the descendents of the 12 sons of Jacob/Israel !Click on image for article!

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January 12, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , | Comments Off on Palestinian Man Shot by Israeli Troops Near Jenin

UN Chief: Saudi Use of US-Made Cluster Bombs in Yemen Could Be a War Crime

  • UN Chief: Saudi Use of US-made Cluster Bombs in Yemen Could Be a War Crime 
    by Jason Ditz, http://antiwar.com/  
    UN Secretary General Ban Ki-moon has issued a statement today warning that the Saudi Arabian coalition’s intense airstrikes against residential areas, and apparent indiscriminate use of cluster bombs against populated areas in the capital city of Sanaa could amount to a war crime.

    Over the past few days, images have surfaced of US-made cluster bombs found in densely populated neighborhoods, and that several buildings, including a kindergarten, had the pock-marked signs of being targeted with bomblets which exploded on contact.

    Neither Yemen nor Saudi Arabia is a party to the 2008 ban on cluster munitions, but the use of them against civilian populations would be a violation of the Geneva Conventions at any rate, and has led human rights groups to call for more serious investigations.

    So far, the UN human rights bodies have allowed the Saudis to investigate themselves on assorted war crimes, and needless to say the Saudis have insisted everything they’ve done was perfectly fine. The question about the cluster bombs is likely to suck in the US as well, however, for while the US has been cheerfully selling bombs to the Saudis to drop on Yemen, they had not confirmed any such sale of cluster bombs.

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January 12, 2016 Posted by | GeoPolitics | , , , , , , | Comments Off on UN Chief: Saudi Use of US-Made Cluster Bombs in Yemen Could Be a War Crime

Disarming the Alarmists: Climate-change Myth Takes Three More Hits

Global_Warming_HOAX

  • Disarming the Alarmists: Climate-change Myth Takes Three More Hits
    by Selwyn Duke, http://www.thenewamerican.com/  
    It’s no wonder climate alarmists are getting hot under the collar, proposing measures such as imprisoning climate realists. Because, increasingly, the facts are not intersecting with their agenda. And 2016 is providing no respite, with,reports Investor’s Business Daily (IBD), three more global-warming stories that no doubt put a chill on alarmists’ New Year’s revelry.

    First up: Would you take a “hot stock tip” from a broker who’d been consistently wrong for more than a generation? That’s analogous to what alarmists are asking us to do, with scholars at the Cato Institute confirming “that climate models that warn of warming have been wrong for decades,” writes IBD. In fact and contrary to those models, temperatures have reportedly been stable now for approximately 18 years. And as Cato puts it stating the obvious, “If the known climate behavior cannot be well-captured by the models, no case can be made for the veracity of projections, from the same models, of the future evolution of our climate — the projections which underlie current climate/energy policy.” In other words, the best predictor of future predictions’ accuracy is past predictions’ accuracy.

    And doomsayers have a particularly bad — and comical — record. As Dr. Walter Williams wrote in “Environmentalists’ Wild Predictions”:

    At the first Earth Day celebration, in 1969, environmentalist Nigel Calder warned, “The threat of a new ice age must now stand alongside nuclear war as a likely source of wholesale death and misery for mankind.” C.C. Wallen of the World Meteorological Organization said, “The cooling since 1940 has been large enough and consistent enough that it will not soon be reversed.” In 1968, Professor Paul Ehrlich, Vice President Gore’s hero and mentor, predicted there would be a major food shortage in the U.S. and “in the 1970s … hundreds of millions of people are going to starve to death.” Ehrlich forecasted that 65 million Americans would die of starvation between 1980 and 1989, and by 1999 the U.S. population would have declined to 22.6 million. Ehrlich’s predictions about England were gloomier: “If I were a gambler, I would take even money that England will not exist in the year 2000.”

    England may be sorry it still exists in 2016, though, if Al Gore is to be believed. According to him, we have just 18 days left “to save the planet from turning into a total frying pan,” as the Washington Post put it. Gore may not now want to bet the house on that prediction, but he doesn’t have to. Since he announced on January 26, 2006 that we had a mere 10 years to save ourselves, he has made countless millions as a climate-alarmist investor.

    Next up: Presentation is everything. Saying “Big Oil” made more than “$100 billion in profits” in 2012 can stoke the fires of envy and redistributionism. Pointing out that its profit margin is only about 10 percent — far less than Apple’s 27 percent — is less compelling. Likewise, hearing that Greenland lost nine trillion tons of ice in the 20th century can evoke images of the Wicked Witch of the West shrieking “I’m melting!” But then there’s what that fact means:

    Greenland retained 99.7 percent of its ice cover during the 20th century.
    Yeah, the island is that big.
    As the blog “Watts Up With That?” put it, “One would think that the fact that 99.7% of Greenland’s ice sheet survived the 20th Century might just be more scientifically relevant than a 0.3% loss… But I guess that doesn’t make for a very dramatic headline.”

    It’s not surprising that Greenland would have lost some ice. The last 12,000 years have been what’s known as an “interglacial period,” a warming interval following a glacial period; the latter typically lasts approximately 100,000 years. The bad news is that since interglacials last only about 10,000 to 12,000 years, we’re due for another glacial period soon.

    The reality is that climate is cyclical, not stable. There have been four or five major ice ages during the Earth’s existence and numerous minor ones. It’s said that during the Cryogenian period the world was almost completely covered with snow and ice, and during the Triassic and most of the Jurassic periods there was little if any snow or ice at all. There are also 1,500-year cycles of warming and cooling. And the atmosphere and oceans reflect our mercurial climate: CO2 levels in the dinosaur age were five to 10 times today’s. At one time, the sea around Florida was 300 feet lower; at another time, 100 feet higher.

    read more.

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January 12, 2016 Posted by | Science & Technology, Social Trends | , , , , , , , | Comments Off on Disarming the Alarmists: Climate-change Myth Takes Three More Hits

Update to BLS December Payroll Jobs Report: It is Even Worse Than I Reported — Paul Craig Roberts

US_Government_Economic_Statistics_Snake_Oil

  • Update to BLS December Payroll Jobs Report: It is Even Worse Than I Reported — Paul Craig Roberts
    by http://www.paulcraigroberts.org/  
    In my column on Friday I reported the unreported facts in the payroll jobs report. http://www.paulcraigroberts.org/2016/01/08/another-fabricated-jobs-report-paul-craig-roberts-2/ If we choose to believe the report, it is really very bad news. Good middle class jobs are continuing to decline. The new jobs are jobs that pay considerably less and often are part-time jobs devoid of benefits. Moreover, the new jobs are going to people outside the prime working age. The unavoidable conclusion is that for the majority of Americans, economic prospects are declining.

    There is more bad news to be added to this dismal picture. The payroll jobs report provides both the actual numbers of jobs from the survey and the seasonally adjusted number. The news release is always the seasonally adjusted number, which is the number that my column examines. However, the seasonally adjusted number is concocted.

    In past reports I have explained that the BLS has a birth-death model that assumes new unreported jobs from new business startups exceed unreported jobs losses from business failures. John Williams (shadowstats.com) has shown that over-estimates from this model can add 750,000 non-existant jobs to the reported annual payroll jobs increase.

    Seasonal adjustments can have the same effect. For example, the actual reported gain in new payroll jobs prior to seasonal adjustments was only 11,000. The seasonally adjusted gain was 292,000. In other words, seasonal adjustments accounted for 281,000 of the 292,000 reported jobs. There is a case for making seasonal adjustments, but not when seasonal adjustments account for 96% of the jobs gain. http://www.bls.gov/news.release/empsit.t17.htm 

    Probably what we are observing is that the economic house of cards that the Federal Reserve has constructed together with financial deregulation depends heavily on reported jobs gains for its stability, and this stability is provided by the use of the birth-death model and seasonal adjustments to produce reassuring payroll jobs numbers.As I have pointed out in numerous columns, if the reported jobs claims were real, the labor force participation rate would not be declining. If the reported jobs claims were real, people would be entering the work force attracted by employment opportunities. They would not be leaving the work force from discouragement and frustration in finding employment.

    The Obama regime’s claim that the declining US labor force participation rate is the result of rising retirements is contradicted by the fact that the reported payroll jobs gains are primarily accounted for by the oldest age group, 55 and higher.

    I am left with the conclusion that the 281,000 jobs produced by seasonal adjustments are the product of the misuse of seasonal adjustments in order to keep alive the appearance of economic recovery.

    Keep in mind, also, that payroll jobs are the number of jobs, not the number of employed people. Many payroll jobs are part time with two or more being held by one person.

Hitler-Propaganda_make_people_see_heaven_as_hell_wretched_life_as_paradise

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January 12, 2016 Posted by | Economics | , , , , , , , | Comments Off on Update to BLS December Payroll Jobs Report: It is Even Worse Than I Reported — Paul Craig Roberts

FOX Premiering New Series ‘LUCIFER’ Portraying SATAN As A Misunderstood GOOD GUY

  • FOX Premiering New Series ‘LUCIFER’ Portraying SATAN As A Misunderstood GOOD GUY
    by , http://www.nowtheendbegins.com/  
    Charming, charismatic and devilishly handsome, Lucifer is enjoying his retirement, indulging in a few of his favorite things – wine, women and song. –
    BORED AND UNHAPPY AS THE LORD OF HELL, LUCIFER MORNINGSTAR  HAS ABANDONED HIS THRONE AND RETIRED TO L.A., WHERE HE OWNS LUX, AN UPSCALE NIGHTCLUB.

    “Ye are of your father the devil, and the lusts of your father ye will do. He was a murderer from the beginning, and abode not in the truth, because there is no truth in him. When he speaketh a lie, he speaketh of his own: for he is a liar, and the father of it.”John 8:44 (KJV)

    Fox Television is launching a new show
    called “Lucifer
    , and they want you to know that the Devil is as “hot as Hell”. In this series, the Devil is a GQ-handsome man with an English accent, drives a classic Corvette, and is a hit with the ladies. Nothing could be further from the truth.


    Here is the official blurb from Fox.com:
    LUCIFER IS THE STORY OF THE ORIGINAL FALLEN ANGEL. BORED AND UNHAPPY AS THE LORD OF HELL, LUCIFER MORNINGSTAR  HAS ABANDONED HIS THRONE AND RETIRED TO L.A., WHERE HE OWNS LUX, AN UPSCALE NIGHTCLUB. CHARMING, CHARISMATIC AND DEVILISHLY HANDSOME, LUCIFER IS ENJOYING HIS RETIREMENT, INDULGING IN A FEW OF HIS FAVORITE THINGS – WINE, WOMEN AND SONG – WHEN A BEAUTIFUL POP STAR IS BRUTALLY MURDERED OUTSIDE OF LUX. FOR THE FIRST TIME IN ROUGHLY 10 BILLION YEARS, HE FEELS SOMETHING AWAKEN DEEP WITHIN HIM AS A RESULT OF THIS MURDER. COMPASSION? SYMPATHY? THE VERY THOUGHT DISTURBS HIM – AS WELL AS HIS BEST FRIEND AND CONFIDANTE, MAZIKEEN AKA MAZE , A FIERCE DEMON IN THE FORM OF A BEAUTIFUL YOUNG WOMAN.

    I find the timing of this show to be fascinating.
    Why? Because one dark day, sooner rather than later, a man the Bible calls the Antichrist is going to step out from the shadows and take global control of the entire world. He is going to be a liar, a deceiver, literally a false messiah, and the world will love and worship this fraud as if he was Jesus Christ Himself. Fox is mentally preparing you right now, if you are unsaved, to accept this man. Believe it.


    “Let no man deceive you by any means: for that day shall not come, except there come a falling away first, and that man of sin be revealed, the son of perdition;” 2 Thessalonians 2:3 (KJV)

    As I write this, on January 10, 2016,
    an event is preparing to happen that will usher in the time of Jacob’s trouble, otherwise known as the Great Tribulation. It is called the Rapture of the Church, and it is the event which will launch the dispensation of Tribulation Saints and take the Church of Jesus Christ to Heaven. And after we leave, you will be faced with the Antichrist that Fox Television has taught you is a “good guy” that the ladies are crazy for. The one that their promotional literature says is as “hot as Hell“.


    Perhaps most chilling of all
    is Fox using the hashtag #LuciferIsComing on their Twitter account. Almost makes you think that Fox is heralding his arrival.


    Want to avoid all that mess? This is what you need to do to miss it completely.
    Tick, tock….the time is growing shorter.

FOX_666

Numerology: FOX = '666'. I love '666'?

Numerology: FOX = ‘666’. I love ‘666’?

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January 12, 2016 Posted by | EndTimes, Social Trends | , , , , , , , | Comments Off on FOX Premiering New Series ‘LUCIFER’ Portraying SATAN As A Misunderstood GOOD GUY

“Nothing Is Moving,” Baltic Dry Crashes As Insiders Warn “Commerce Has Come To A Halt”

Container_Shipping_vessel_collapsing

  • “Nothing Is Moving,” Baltic Dry Crashes As Insiders Warn “Commerce Has Come To A Halt”
    by Tyler Durden, http://www.zerohedge.com 
    The continued collapse of The Baltic Dry Index remains ignored by most – besides we still have Netflix, right? But, as Dollar Vigilante’s Jeff Berwick details, it appears the worldwide ‘real’ economy has ground to a halt!!

    Last week, I received news from a contact who is friends with one of the biggest billionaire shipping families in the world.  He told me they had no ships at sea right now, because operating them meant running at a loss.

    This weekend, reports are circulating saying much the same thing: The North Atlantic has little or no cargo ships traveling in its waters. Instead, they are anchored. Unmoving. Empty.

    You can see one such report here.  According to it,

    Commerce between Europe and North America has literally come to a halt. For the first time in known history, not one cargo ship is in-transit in the North Atlantic between Europe and North America. All of them (hundreds) are either anchored offshore or in-port. NOTHING is moving.

    This has never happened before. It is a horrific economic sign; proof that commerce is literally stopped.

    We checked VesselFinder.com and it appears to show no ships in transit anywhere in the world.  We aren’t experts on shipping, however, so if you have a better site or source to track this apparent phenomenon, please let us know.

    read more.

Vessel_Ship_finder-20160111

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January 12, 2016 Posted by | Economics | , , | Comments Off on “Nothing Is Moving,” Baltic Dry Crashes As Insiders Warn “Commerce Has Come To A Halt”

WTI Crude Collapses To $30 Handle As Rate-Hike Odds Tumble

WTI_Oil-20160111

March_Rate_hike_odds-20160111

http://www.bloomberg.com/news/2014-12-18/bankers-see-1-trillion-of-investments-stranded-in-the-oil-fields.html

Click on image for article.

http://rt.com/uk/215579-uk-oil-industry-crisis/

Click on image for article.

http://www.infowars.com/plummeting-oil-prices-could-destroy-the-banks-that-are-holding-trillions-in-commodity-derivatives/

Click on image for article.

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January 12, 2016 Posted by | Economics | , , , , , | Comments Off on WTI Crude Collapses To $30 Handle As Rate-Hike Odds Tumble