| Harmon - 12/13/2014 06:43 I don't think such calmness and assuredness in the market being able to handle this is wise when economic upheavals worldwide are going off like Roman candles in every direction. Looks to me like we are straddling a splitting fault line. The fact oil is down by half is incredible. Saudi's power is so immense it can accomplish this in a few months? Who will be the big losers in the oil derivatives ? Somebody was long!! your so negative ,,,,,,,,,, heck , we had $7 crude in the clinton times , think Mexico was the only country that needed a bail out ! So far the drop in crude means some where around $1.7 trillion extra for the worlds consumers ! |
The last time oil crashed
