An Entrepreneurial Approach to Global Stimulus

Many people believed that the financial crisis of 2008 was about the real estate bubble formed by extreme loosening of credit in the US. The trigger was just a critical failure in credit default swaps. This paper shows that the trigger for the financial collapse was the price of Oil. Oil had spiked to over $148 a barrel and the subsequent collapse of BalticDri shipping volume is a tool for measurement of the effect of volume in combination with oil prices. We perceive these prices led to a winding back of orders and shipments which led to mortgage defaults.