Shale Oil as a Poster Child for Malinvestment
The IMF’s latest report on slowing growth in the global economy makes it easy for a skeptical reader to connect a few dots regarding the latest round of central bank sponsored malinvestment in general (a word that clearly doesn’t exist in the modern economists’ lexicon) and the shale oil boom/bust… Continue Reading Shale Oil as a Poster Child for Malinvestment
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timiacono