A Visual Look At How BP Could Bring Down Large Parts Of The Economy
Jul. 2, 2010
The BP oil spill may have a much larger impact than polluting the Gulf of Mexico or bringing down the company. The oil manufacturer is interconnected with the larger economy by a number of means, but the derivatives trades it is a part of could be particularly destructive, if it is to default.
Econotwist says it could be worse than Lehman Brothers.
This death spiral could be about to get much worse.