financial collapse, Tag

Recently, I explained how high oil prices can bring on financial collapse for oil importers. In this post, I’ll discuss the flip side of the situation: how oil exporters reach financial collapse.

A few days ago, Pedro Prieto wrote a popular guest post called Financial Collapse and Energy - Something Other than a NINJA Problem. In it, he provides an analogy to the current financial situation.

This is a guest post by Pedro Prieto from Madrid, Spain. He is the head of ASPO-Spain and organized the ASPO 7 conference in Barcelona last year.