Dangerous Liaisons: Banks & Oil

This is how problems in an industrial sector spread across an economy. It has been no secret that the energy sector has been under heavy pressure due to the precipitous decline in oil prices since last summer. But the banking sector has more recently presented itself with its own set of related problems. For what was once a fruitful and prosperous relationship between the energy sector and the banks has become increasingly precarious.

Please click on the link to read more of my article on Seeking Alpha.

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