Oil Is a Warning of What’s to Come

 

Weeks ago, we first warned that the collapse in Oil was a BIG sign of trouble brewing in the financial system.

Indeed, in the larger picture, Oil just called “BS” on the whole claim that any economic growth or recovery post-2009 was legitimate. For five years, Oil prices remained elevated, suggesting that there was some kind of economic recovery underway… that there was growth, however anemic. Continue reading