Originally Posted by
vaksedtothemax
I agree, the actual argument is “Economic Impacts of Iran War”
today’s numbers,
•oil at $95.34…. Closer to $60 than $150
•Stock market at records in atleast 2 markets
•GDP Q1 2.0%. Estimated 4% for year
•Unemployment 4.2% with CA leading not in a good way
• private sector job growth very strong
•govt job growth low
•illegal immigration and associated costs-record low
•47 year Iranian dictator dead (we don’t like dictators)
•Venezuelans dancing in the streets, first US-Venezuelan flight in 6 years completed
•Violent crimes throughout the US at low levels
•Billionaire high net worth individuals and companies moving to TN and FL
•Founder of Google moves out of CA because he doesn’t want to repeat Socialism like where he fled from.
Now if we can just get whacko’s, who hate billionaires, from burning down CA towns, all would be well
Show us anywhere in the world where oil is selling for less than $150/barrel. You don't understand how the market works do you. The futures price hasn't been anywhere near the selling price since this war started, but you would have to actually read stuff to understand that. Have any idea how far our reserves have been depleted? No, you'd have to read to understand that as well. Most importantly, and what this thread is supposed to be about is do you understand the long-term impacts of either of those things under the current conditions?