@WSJ @RachelEnsignWSJ No more bailouts for stupid loans!!!
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Again, institutions massively invested in oil have a reason to play this game. But when the Saudis are leaving oil, it's finished.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ The lowest-cost oil producers still have profits & options. The rest have low-to-0 value or are actually liabilities.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Coal is already finished; just playing out its end game. Gas/oil can't last vs unlimited biogas from decaying algae in a hole.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ So all our stranded assets really aren't stranded? Granted, that shell game may hold off a crash for some, but it can't go on forever.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Which explains the last month's desperate run up in oil prices. Trillions in assets w/a real value of $0... or less.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Again.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Get ready for a major bail-out :)Thanks. Twitter will use this to make your timeline better. UndoUndo
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