What’s most worrying here is that many US energy companies are levered up to their necks in debt that’s been securitized.
— Jordan Weissmann (@JHWeissmann) March 8, 2020
The possibility that a COVID19-induced recession would cause those companies to default was a major danger. Now the Saudis are pushing them to the brink. https://t.co/X7Cm4wQ1Vp
