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Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives | WEB OF DEBT BLOG

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The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and depositors and taxpayers could be liable, following repeal of key portions of the Dodd-Frank Act signed into law on December 16th. On December 11th,…

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