Commodity Contagion Sparks New Credit Crisis—–The Case Of Glencore’s Meltdown

By John Ficenec at The Telegraph The collapse in commodity prices has sparked a second credit crisis as investors dump high-yield bonds, shattering the fragile confidence necessary to support global markets. Those calling it a Lehman moment forget their history. Current events have chilling similarities to the Bear Stearns collapse and mark the start of […]
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