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Re: Trump signaling course change on virus Pt. 2

Discussions about the economic and financial ramifications of PEAK OIL

Re: Trump signaling course change on virus Pt. 2

Unread postby Newfie » Mon 29 Jun 2020, 07:47:01

REMEMBER THIS,

ANYTHING BEING DRUG OVER HERE FROM THE UNMODERATED SIDE WILL BE DELETED WITHOUT QUESTION.
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Re: Trump signaling course change on virus Pt. 2

Unread postby asg70 » Mon 29 Jun 2020, 08:47:11

shortonoil wrote: the world's $360 trillion in debt that is going to explode into a panorama of cascading defaults in the next few months: or WEEKS.


That moment when you unhide short and see he's slinging yet another extreme short-term prediction based on zerohedge.

Image

BOLD PREDICTIONS
-Billions are on the verge of starvation as the lockdown continues. (yoshua, 5/20/20)

HALL OF SHAME:
-Short welched on a bet and should be shunned.
-Frequent-flyers should not cry crocodile-tears over climate-change.
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Re: Trump signaling course change on virus Pt. 2

Unread postby diemos » Mon 29 Jun 2020, 09:30:50

shortonoil wrote:like the the world's $360 trillion in debt that is going to explode into a panorama of cascading defaults in the next few months: or WEEKS. The empty store shelves, the mass starvation, and the 100s of millions of homeless that will come along with it.


If and when that happens some people will find out they're not as rich as they thought they were but non of the real resources will vanish. The farms will still be there, the houses will still be there, the coal mines and oil fields and hydroelectric dams will still be there.

And the problem of resources sitting idle can always be solved by printing money and handing it out. We found that out once WWII started and the great depression came to an abrupt end when the government said, "Fuck it.", and started printing money to put resources to use to fight the war.
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Re: Trump signaling course change on virus Pt. 2

Unread postby diemos » Mon 29 Jun 2020, 10:07:30

Newfie wrote:REMEMBER THIS,


Could you just send Davy back to the unmoderated side? He has nothing to offer but boring ideological ranting.
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