OTCPK:PDPYF - Post by User
Comment by
roscoe74on Sep 05, 2020 12:47pm
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Post# 31515545
RE:RE:RE:Reality Check
RE:RE:RE:Reality CheckThe insecurity in the oil and gas sector caused by Trudeau is one of the reasons that credit and liquidity are not available.
De-marketing of an industry or geographical area is not decided on by the sector executives who manage such files. It is decided at the top and delivered to file managers as a fiat.
The reason may be as simple as bank syndicate members consider their percentage of outstanding loans to the sector are too high but I suspect that Trudeau has raised the risk level too high for banksters' comfort.