I’m preparing for a 1970’s reboot at this point. Gas shortagesInflation Higher interest ratesSlow economy Unstable markets with high volatility. Lost decadeIt’s all lining up
>>61950659How do we profit from 1970s v.2?
Should I just buy oil futures? Got $20k to play with
>>61950659Trump will likely chicken out next week, retreat in shame and declare victory in exchange for iran letting tankers through again.
>>61950678What if Iran keeps bombing shit? US is fuckedI think the US was expecting Iran to attack their military, not the oil infrastructure. Iran can make it very painful for the US.
>>61950665What happened then?
It’s over
>>61950659we have the ability to make more oil than we use.OPEC doesn't like us doing that, so they keep prices low. But if prices get high enough we just drill again.
Well now the markets will see this is a forever war with no chance of de-escalation because of Trump's retardation. How bad is Monday gonna be?
>>61950896forever wars are pretty bullish for the markets desu
>>61950896not sure this is trueTrumps only goal was to kill the guy that was threatening to have him assassinatedmission accomplished, we can go home now
>>61950904>mission accomplished, we can go home nowNot while Israel and the Gulf states are being bombed.
>>61950907Israel is ALWAYS getting bombedwe rarely do anything directly about that
>>61950911They are getting bombed worse than usual and oilfields are getting fucked. There isn't an usual off ramp the Iranians have no intention for that and Trump is Bibi's bitch and he'll do what Bibi says. Expect Monday to be worse.
>>61950920maybeagain, we have the capacity to make all our own oil and have enough left over to sell.it would take a few months to do it, but we've done it several times before.
>>61950927>it would take a few months to do itIt takes less time than that to have huge economic crisis, some countries don't have very big reserves so the longer this goes on the more effect it will have the global economy when things start having a negative chain reaction on logistics for countries more vulnerable than others in the early stages.
>>61950931I feel like things can't actually get much worse for trump economicallyHe appears to be trying to crash the US economy. Not really worried about it.
>>61950665Only thing keeping this system alive is line going upIts gonna get bad
>>61950659kek what happened to the russia china iran alliance those fuckers never help each other
>>61950896>a forever war with no chance of de-escalation because of Trump's retardationThe US have been at war continuously for generations anon. Presidents come and go, but the war goes on.
>>61950981The actors come and go, the script stays the same.
>>61950981this. these wars pump the US economy like crazy. the longer, the better.
The mainstream Shia are like the mirror version of evangelical Christianity in that they have stronger apocalyptic eschatology than the sunni save for perhaps the extremist sects. Both the forces driving the US and Iran are ok with bringing on the apocalypse basically and this is not good
>>61950969They're sending weapons to Iran
>>61951100Ooh. Scary!!
>>61951003Do you really believe that?I don't. Unless you mean a small selection of military industrial companies and friends. The massively higher oil prices this is all causing is much worse for many more sectors of the economy. Inflation will surge again, food prices higher, etc.Okay, so where does that leave our beloved American consumer, already struggling with disposable income, already shown to be trading down the range or cutting back completely when it comes to discretionary spending?Did you know that AI data centre investment and buildout contributed more to American GDP than consumer spending last year? The whims of a few overinflated companies investing in as yet UNPROFITABLE tech was the only thing keeping you guys from true recession.I've wasted my insightful comment on your clear retardation - but basically, the USA's and the whole world's economy is fucked.People were thinking the good times were nearly over with the AI-fuelled overvaluation alone. Your idiotic leaders and their bosses in Israel have found an amazing way to truly bring the bull run to a close.
The jews are the ones blackmailing TACO so line will continue going up.After the rona, the 3-day special operation, and the Epstein Iran war, people still don't talk about Western productive capacity and competitive advantage.
>he didnt zoom out
>>61950665Sell everything, short everything, specially energy-hungry industry.
>>61950659Bullshit. Orange African said the economy is GREAT AND AT LEVELS NEVER EVEN SEEN BEFORE, BILLIONS POURING BACK IN FROM THE TARIFFS, THANKS FOR YOUR ATTENTION TO THIS MATTER!
capitulation
