Shale Oil Debt About to Crash Dollar
Posted: January 2nd, 2015, 8:38 am
It appears crashing oil prices will be the catalyst for the 2015 economic collapse. Currently, the US shale oil industry owes 150 billion dollars that it can't pay back if oil prices remain low, this debt is tied to the derivatives market. Discussion on shale oil debt begins at 4:40.
Expert: U.S. Has Leveraged Economy On Shale Oil, Which Saudis May Be About To Crash
http://wearechange.org/expert-u-s-lever ... may-crash/
Expert: U.S. Has Leveraged Economy On Shale Oil, Which Saudis May Be About To Crash
http://wearechange.org/expert-u-s-lever ... may-crash/