It seems that oil prices are still groped her bottom in the last few days - they returned to the range of $ 33- $ 34 - for AMarkets materials.
Of course, a small rise in oil prices is absolutely not enough to save the American energy industry. There is reason to believe that oil will not rise above the specified range boundaries in the near future. Those. US oil and gas corporations can not avoid a default. If there will be massive defaults, financial companies will suffer, too.According to this theory of "mass defaults", set out in BusinessInsider, America will plunge into recession in late 2016 - early 2017.
Of course, the collapse of the 2008 format, with the epicenter in the real estate segment is not expected.Energy segment is smaller in size and importance. However, bankers are clearly tightening of credit conditions in relation to US corporations, after credits for energy companies will be unable to repay their loans. If the company will receive less money for development and operations, it quickly in the resulting mass workforce reductions and freezing development expenditure. And with all that every day 11 thousand. Baby boomers celebrate their 65th anniversary, adding massive ranks of pensioners.
Although, of course, it would be ridiculous to claim that the price of oil - the trigger of the US recession. Basic trigger US recession, as history shows - the collapse of bubbles in different segments of the economy - stocks, real estate, debt segment, etc.