Oil Price Collapse is Another Sign That Economic Activity is Crashing Globally

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The insanity that we are currently witnessing in the financial markets is difficult to believe.

Personally, even though I operate a website called “The Economic Collapse Blog” and I write about these things every day, when someone told me that the price of oil had fallen below minus 30 dollars a barrel on Monday I initially didn’t think that it could possibly be true.

Yes, I always knew that it was theoretically possible that the price of oil could go into negative territory, but we had never seen such a thing actually happen before.

Economic Collapse

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