Followers | 109 |
Posts | 11742 |
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Alias Born | 01/29/2015 |
Wednesday, March 11, 2020 1:59:35 AM
With crashing oil prices. Big energy can't pay on huge loans and borrowers are going to feel the pain and may not recover, even with Repos only covering interest payments period. It won't be enough.
It's the banks turn to crash and it's going hurt and crash hard.
Short the hell out of this one as it's the end of the line for Citigroup C
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