Subprime oil collapse https://t.co/i3tvhiQjCK
— Mark Ames (@MarkAmesExiled) January 12, 201613 January update: Oil Price Could Crash to $10 a Barrel.
Oil Could Become Cheaper Than Bottled Water.
$3.2 Trillion of Global Stock Value Wiped Out Since Year Began.
The sell-off this year, driven by renewed jitters over China's economy and a slump in energy prices, has pushed the S&P 500 index in correction territory, with the benchmark now down 11.29 percent from its May 21 closing high.
According to the veteran market commentator, U.S. stocks are now off $1.77 trillion, while overseas stocks are down $1.4 trillion.
Al Jazeera America (digital channel 123 in Hilo) will go off the air on 30 April. The network's demise is partly due to plummeting oil prices ($100+/barrel vs. $30/barrel).
1 comment:
I wonder if Al Gore got the full payment from them before they go off the air.
Post a Comment