Originally Posted by
OTZeagle1
The market will work through this. High oil prices will at some point cause a recession which would also drop the price of oil back to sustainable levels.
And there we will be negotiating another contract during a recession 🙄
That's the old OTZ we know and love. Making predictions that he couldn't possibly know.
Last week the economy was overheated with full employment and high inflation. Now we're heading straight into recession.
I know you all love your bad news porn, but please try to keep it consistent.