Toro
Diamond Member
High yield is getting whacked because oil is going down, not the other way around.
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This oil price is partly a reflection of the junk bond bubble bursting, Lower oil prices are great for consumers and thats where it stops economically. As in debt energy companies see their price shares hit the floor they can not roll over debt. Meaning they may be forced to default.
This oil price is partly a reflection of the junk bond bubble bursting, Lower oil prices are great for consumers and thats where it stops economically. As in debt energy companies see their price shares hit the floor they can not roll over debt. Meaning they may be forced to default.
Don't you worry about them in debt energy companies. If they get in trouble, the Republican supporters in Congress will bail them out. You do know them Repubs love them some oil companies. Right?
I mean YOU wouldn't want a company to thrive or fail based on what happens in the markets would you? Those huge multi national oil companies need the US government to back them.
Privatize the gain, socialize the loss. Isn't that the Republican way?
You partisan fucktard, you
It's the US government way whether democrat or republican.
It's the US government way whether democrat or republican.
Now which party was it in the recent budget negotiations that insisted that the banks be able to play with derivatives and if they fuck up again the taxpayer will bail them out. Again.
Which party was that take a step back? Was it A. Democrats or B. Republicans or C. Whig Party?
You are a partisan fucktard for trying to make the governments policies a left or right issue which it isn't. That's why you got called what you are, zeke.
You are a partisan fucktard for trying to make the governments policies a left or right issue which it isn't. That's why you got called what you are, zeke.
Well you stupid fuck. What party was it in the recent budget...........
What's the matter fuck head? Couldn't bear to admit that is was Republicans that insisted that the banks be able to play the markets again with the backing of the US taxpayer?
You couldn't bear to say that because you are a stupid fuck who loves you some Republicans. No matter what you claim about being an equal opportunity hater.
btw, I will fuck with your posts anytime you put them up and I see them. Shit head. Don't post if you don't want to be called the asshole you obviously are.
Hey but I WAS willing to be civil. Fuck that.
Both partys apparently. Didn't the senate pass that? You know the democrat majority senate?
Fucking idiot.
So what you're saying, is that the democrats refused to vote for the omnibus because of the nefarious provisions inside. Is that what you're saying?
OK, so you have no point at all. See you later, Zeke. I'm sure you'll find some other thread to spray partisan diarrhea all over in.
OK, so you have no point at all. See you later, Zeke. I'm sure you'll find some other thread to spray partisan diarrhea all over in.
Gave up already?
Well here is that answer for you. Republicans insisted that the bail out provision for banks playing in the derivative markets be included in the budget.
True story. Not opinion.
This oil price is partly a reflection of the junk bond bubble bursting, Lower oil prices are great for consumers and thats where it stops economically. As in debt energy companies see their price shares hit the floor they can not roll over debt. Meaning they may be forced to default.
Don't you worry about them in debt energy companies. If they get in trouble, the Republican supporters in Congress will bail them out. You do know them Repubs love them some oil companies. Right?
I mean YOU wouldn't want a company to thrive or fail based on what happens in the markets would you? Those huge multi national oil companies need the US government to back them.
Privatize the gain, socialize the loss. Isn't that the Republican way?
It's the US government way whether democrat or republican.
Now which party was it in the recent budget negotiations that insisted that the banks be able to play with derivatives and if they fuck up again the taxpayer will bail them out. Again.
Which party was that take a step back? Was it A. Democrats or B. Republicans or C. Whig Party?
In the 80's, which are, let's remember, the conservative go-to decade when they're praising Reagan and his somewhat tangential association with conservatism,
oil prices fell to the point where they caused a depression in the so-called US 'oil patch', Texas, Oklahoma, and thereabouts.