4 ms·
> small scale Russian aggression Let's hope they keep it small and don't try to covertly start a big fire that will drive oil prices back up. It's scary to see
by nnq 10y ago
> small scale Russian aggression
Let's hope they keep it small and don't try to covertly start a big fire that will drive oil prices back up. It's scary to see a world economic situation where starting/fueling wars starts to make more and more economic sense... I can almost imagine a future "WarEnron" selling the future profits indirectly caused by future wars :)
We should find a way to make sure we have profits aligned with peace and abolish the concept of "wars that make economic sense"! The US and EU at least do this (more or less unintentionally) by keeping weapons and military operations very expensive. Russia probably has more practical means for "cheap destruction" and this is dangerous because at some point some will start placing bets on this and then try nudging world events in the direction of their "win".
- jballanc 10y ago> I can almost imagine a future "WarEnron" selling the future profits indirectly caused by future wars Pretty sure you just described every fund that's big into Honeywell, General Dynamics, Lockheed, etc. Many of these companies profits depend on the US insisting on maintaining the largest military in the world (by a lot) as a hedge against just these sorts of "profit wars" from being waged.
- irln 10y agoIt seems like a major influence in the price of oil is the US Dollar, [1][2] rather than geopolitical issues. [1] Price of Oil Chart: https://fred.stlouisfed.org/series/DCOILWTICO https://fred.stlouisfed.org/series/DCOILWTICO [2] Dolar Chart: https://fred.stlouisfed.org/series/DTWEXM https://fred.stlouisfed.org/series/DTWEXM