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kleinbl00 · 2979 days ago · link · · parent · post: Deutsche Bank in free fall, Merkel signals no bailout
Yeah, saw that. Shipping is in the shitter. Oil is swirling the bowl. Incidentally, I recently read about half of The End of Oil. Half, because it's so stunningly out-of-date, despite being ten years old, that it's completely irrelevant. It supposes an economic collapse in which there is no fracking, in which Mexico establishes a new hegemony from overseas LNG processing, in which Saudi Arabia leads a hardened OPEC. Amazing what two presidential cycles can do.