Who else thinks a zero/negative oil price could potentially trigger the collapse of investment banks globally?.. Lehman Brothers 2.0?

A few banks being on the wrong side of the trade when it came to US mortgage backed securities in 2008 triggered a severe global financial crisis.

How many banks around the world were prepared for a negative oil price. This could be triggering a global banking crisis worse than 2008 as we speak.

Oil is far more important than one countries mortgage market.

When dozens of investment banks around the world start filing chapter 11 bankruptcy who is going to want to keep their savings in a bank especially when bail-ins are now legal.

This is what bitcoin was invented for.. and simultaneously the halving is happening. You couldn't make this stuff up, its like something out of a movie.

The moon is just beyond the horizon and anyone that can't see it is about to get blindsided by it.

Bitcoin can rise even faster than oil can fall...

Submitted April 21, 2020 at 05:18PM by slvbtc https://ift.tt/2zmkyhL