I would like to pose an important societal question to any banker that is willing to answer it:
Why are bankers increasingly hesitant to lend, even drawing back lines of credit, yet at the same time allocating a lot of funds in to commodities, especially oil?
Isn’t it true that oil and consumer consumption are closely correlated?
Are they seeing something that I am not or is this a bit of a logical paradox? How can the banks create the growth they need for their trade (or investment) to be profitable if they refuse to lend to those that would spend it on consumables?
There has to be more than just dollar weakness factored in to this equation.
