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Oil may come down to 130 US dollars by Xmas if we are LUCKY ,...

  1. 3,469 Posts.
    Oil may come down to 130 US dollars by Xmas if we are LUCKY , but you can expect something even worse . INTEREST rates are going to move up as the US financial world wakes up to the deep trouble they are in . The Banks here are exposed more than known as they all play games in the USA. And Banks dont say anything about problems as it is very dangerous for business [ viz runs on the banks in UK and the USA] Term deposite rate is 8.4% atm and it is only 1.6% by simple arithmetic to 10% ....


    OK ....it wont happen .......there is no bank crisis in USA and the UK .....????
 
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