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The great OPEC bailout

Posted on 14 August 2013

It’s difficult to pin down an exact dollar amount when it comes to the billions of our money that will ultimately be wasted bailing out the U.S. auto industry, all because the Treasury Department has a tendency to continually revise its numbers.
Their most recent report pegged the amount lost at around $25 billion. And if you think that’s bad, prepare yourself. You’re in for a shock when you learn about the bailout going down right now… It’s taking place in a sector that’s even more crucial to the world economy than the auto industry — energy………………………………………..Full Article: Source


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VRS - who has written 37718 posts on Opalesque Commodities Briefing.


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