Debt Rattle April 20 2020
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Zerohedge frequently goes of into gobbledygook, but I thought that their post on “Who was forced to Liquidate Oil Today?” was a particularly clear version of their headline.
I’m thinking this oil volatility is big- as in “How would YOU use up an oil glut?” or, “What do YOU think will happen to a currency pegged to petroleum?” or, “What do YOU think will happen to nations who need high oil prices?” or, “What The [Invective]! is going on here in the oil markets?”
Consider giving it a look-see.WES/V. Arnold: thanks for the encouragement. As of midnight, she seemed to be on the mend. There are many ways to develop a fever with major body aches, fatigue, and a dry cough other than the current virus du jour, but I prefer to think we’ve been thoroughly exposed to the virus and have weathered it well because we’d trimmed our sails for rough weather beforehand.
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