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Oil Is Sinking The Markets

Subprime comparisons are now too obvious to ignore
Monday, January 25, 2016, 7:47 PM
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A vast, enormous amount of junk-rated oil debt is in deep trouble. Everybody knows this, but saying so has been taboo up until now, at least in polite conversations.

But the parallels to the sub-prime market's role as the "pin that popped the bubble" in 2008 are now too obvious to ignore.

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