In the 2nd part of a stunning 2 part interview, Hat Trick Letter Editor Jim Willie discusses the financial sector consequences of the collapse in oil: We’re seeing a rampant, violent hurricane hitting the sub-prime energy bonds...we’re only a couple months away before we start seeing a string of bond defaults related to the sub-prime sector- it’s going to be the BIG OIL COMPANIES!
“We’re going to see DOZENS of bankruptcies soon…”It’s going to become a HURRICANE!”
Jim Willie’s full MUST LISTEN interview on the BIG OIL bond/derivatives defaults is below:
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