Wednesday, December 10, 2014

The News Entire World Waited For - Perfect Storm From China Has Arrived

In the brand new video below from Bloomberg News, we're immediately warned this is the news all of the world markets have been waiting for as 2015 demand for oil will be the weakest in 12 years and oil prices continue to tumble. While many believe the continuing plunge in oil prices to be a good thing, this linked story from Zero Hedge gives 10 reasons why plunging oil prices is actually a huge economic problem. Vladimir Putin warned only a month ago $80 a barrel could lead to global economic collapse (3rd video below). Meanwhile, Iran warns of oil dropping to $40 a barrel oil if either a price war occurs or divisions emerge within OPEC.



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