Home | More Videos | About Us | Contact | Subscribe | Donate


Oil prices, debt and the next crash

Infinite derivatives on a
massive pile of junk bonds


Subscribe to Brasscheck TV

Your e-mail address is kept absolutely private
We make it easy to unsubscribe at any time

Navigation:    Home    Back    More videos like this

The echo effect - amplified


We ran this six months ago, but it's worth another look.

Oil prices are low. That's a good thing.

Here's what's not a good thing...

Hundreds of billions of dollars were loaned to drilling companies with the expectation that oil prices would stay high.

How is that money going to be paid back?

But wait, it gets worse.

Many of those "bonds" were leveraged to borrow more money and derivatives were created from them. No one knows how big the mess is.

It's not quite "sub prime" big, but it's not small.

Brasscheck TV's answer to the normal human question: "What can I do?"
For more Energy videos, click here

See the complete catalog of
brasscheck tv videos

About Us | Information for subscribers | Privacy Policy | Contact