Who’s Ready For $30 Oil?…”The one word that comes to mind here is bloodbath.”

by Raul Ilargi Meijer
ZeroHedge.com
11/24/2014

All the stimulus, all $50 trillion or so globally, has been thrown into the fire, and look at where we are. There’s nothing left, and there won’t be another $50 trillion. Sure, stock markets set records. But who cares with oil at $40? Calling for more QE, from Japan and/or Europe or even grandma Yellen, is either entirely useless or will work only to prop up stock markets for a very short time. Diminishing returns. The one word that comes to mind here is bloodbath.

The Rest…HERE

This entry was posted on Monday, November 24th, 2014 at 4:05 pm and is filed under Economics, Energy, New World Order, Oil, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.