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A bit tangential: it’s narratives like this which can create sudden crashes on the stock market.
by baxtr 7mo ago
A bit tangential: it’s narratives like this which can create sudden crashes on the stock market.
- whatever1 7mo agoSpeculation at some point meets reality. This is when market crashes.
- IAmBroom 7mo agoSo, your proof is that some dire predictions in the past, about other things, by other people, were sometimes true?
- whatever1 7mo agoI am not even predicting something. The global oil & gas supply has been disrupted and cannot recover overnight as actual infrastructure is gone. Someone will need to reduce consumption. These are just facts and physics of supply & demand. We can always debate on who will get hit more or what resources will be affected more.
- baxtr 7mo agoThe problem is your simply extrapolating not taking into account counter measures in whatever form. I don’t blame you. It’s almost impossible to predict how this will play out.