Mr. Market Is Back—-Plunging Oil Prices Are Busting The Money Printers’ Bubbles

When you’re as addicted to debt as the shale industry has been – and still would be if they could still get their fix -, then seeing prices for your products drop over 40% and the yields on your bonds just about double (just for starters), then you have not a problem, but a disaster. And one that’s going to reverberate through all asset markets.
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