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Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives by Ellen Brown

Originally posted on Dandelion Salad: by Ellen Brown Writer, Dandelion Salad The Web of Debt Blog December 20, 2014 Image by Mike Licht via Flickr The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses;…

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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
December 20, 2014

Alternative Bailout Plan Image by Mike Licht via Flickr

The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend.

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