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Was the U.S. Oil Boom Just Another Fed Inflated Bubble and is it Contained? Ep. 34

The Peter Schiff Show Podcast
The Peter Schiff Show Podcast
Episode • Dec 12, 2014 • 19m
Was the U.S. Oil Boom Just Another Fed Inflated Bubble and is it Contained? Ep. 34



* If oil goes down to $35/barrel we will not be able to produce oil for export at that price.

* It is no accident that oil prices are dropping as the Fed is ending QE.

* What are the implications for the U.S. Economy if the Oil Bubble bursts?

* Good jobs in the industry sector will go away.

* Oil sector business loans will default

* Investors will lose money.

* The fallout will be bigger than the dot com bubble.

* If oil was a bubble fueled by cheap Fed money, what's next?

* If the collapsing oil prices threaten recession, the Fed may launch QE4.

* If the Fed does not launch QE4, other bubbles will be affected.


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