Monday, January 25, 2016

Coming Oil Co. Bankruptcies (generalizing)


Oil prices are the talk of the town. How low will they go??
Ask yourself what it takes to operate oil wells in the black.

According to a quick research and survey from those closer into the industry oil as low as $20 and as low as oil in the teens would allow for the bankruptcies of the oil companies  affecting banks and the service of their loans.

THIS will eventually lead to bank bail-ins and he eventual bank closure (bank holiday)

GnS+Research

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