What exactly is going on with the oil industry, the petrodollar, Russia, China, and the U.S.?
Professor and economy expert David Buckner joins Glenn to break it all down.
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He explains how current oil sanctions have caused massive, market instability and he details ripple effects the world — specifically the U.S. dollar — may experience as a result of it all…
See also 3 times now in the last 5 days hedge funds have been called out for receiving the vast majority of their repo financing in the non-centrally cleared market, where haircuts or initial margin requirements are not necessarily applied and that this might create greater risk in times of stress. Why?