Foot Bone Connnected to the Ankle Bone, the Ankle Bone Connected to the Shin Bone, Etc.
In this global economy, a sniffle in Venezuela can cause a sneeze in Brazil, and the flu in credit markets…and high yield bonds and notes in NY money center banks from their loans to oil producers in North Dakota, and an hospitalization for high yield bond holders of packaged loans backed by oil through out the USA. All is connected. […]