• Evilsandwichman [none/use name]@hexbear.net
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    1 month ago

    I saw a funny bloomberg article saying 100$ a barrel is actually okay in this day and age; just absolute cope.

    It said Oil would have to reach 190$ a barrel before anyone should worry, and 190$ a barrel? You know they chose a number extremely close to 200$ without directly saying 200$ because they know that sounds horrifying, especially as it’s directly double what it’s reached now. This is like a shop selling a product at 1.99$ because they know it looks better to the consumer than just flat out saying 2$.

    • GalaxyBrain [they/them]@hexbear.net
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      1 month ago

      I’m less affected cause of not driving as well, but oil is used for the boats and trucks and stuff that bring food to a grocery store. Price of the brick is going up all over

        • GalaxyBrain [they/them]@hexbear.net
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          1 month ago

          Ironically im a cook and I generally go shoot the shit with my pals who work at the bike shop down the street on my breaks. Ive got it all sewn up. I already barter the food i steal from work for free booze,mechanical repair, and if things work out and my pal can pass her work coupons to friends, massages. If things go mad max hellscape it might even improve my standard of living and I may rise to a Tina Turner level

  • InevitableSwing [none/use name]@hexbear.net
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    1 month ago

    I wonder if some enterprising chud influencer will make a high-risk, high-reward gamble by going all in on “10DOLLARGAS”. His nonsense argument is that 10DOLLARGAS or however much gas costs is good because it shows Trump will win. He even changes his name to 10DOLLARGAS. Libs take the bait - as always - and in ridiculing him they spread his message far and wide. #10DOLLARGAS goes viral via deriders, supporters, and the curious. It becomes a constant topic on rightwing media.

    10DOLLARGAS says he’s been making “millions of dollars” off his merch and “wellness products”. It’s rumored that a huge amount of his merch and products are bought by Larry Ellison and then “pulped” in the same way rightwing book sales are juiced. 10DOLLARGAS’s future looks bright.

    • coolusername [none/use name]@hexbear.net
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      1 month ago

      I personally am, not abnormal amounts though just filling up the fridge and pantry. sustained $200/barrel is going to freak people out. If anyone has regular stocks like VOO or AAPL or whatever it’s time to get out. I’ve already told my parents and relatives to sell it all.

      • PolarKraken@lemmy.dbzer0.com
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        1 month ago

        To me the combo of 3 factors makes the risk big enough to really take action. Means different things for all of course, but I made some moves this week, some small things but also some pretty huge things that will become irreversible before long.

        This is crucial though - in times like these where risk is still somewhat unclear but surely wildly dynamic - I did not do anything that I haven’t already wanted to and strongly considered doing. That’s the closest thing to a disclaimer OR advice I’m really ever willing to give, so.


        With that said.

        1. I expect Iran knows very well what its capabilities in the region are and what they can achieve re: physical long-term disruption.

        2. It’s clear to anyone what a puffed up ball of circular lies the US economy has grown to (yet again), and we’ve seen what happens when the accompanying vulnerability hits its (invisible) limit of stress.

        3. Current US admin has replaced anyone having varying shades of competence, experience, or honesty - with people having the same basic shade of loyalty. Simultaneously they’ve dropped really all pretense that helping others is even a worthy virtue, let alone anything approaching a real commitment.

        Add those up and you get huge, uncontrollable vulnerability of multiple kinds, a huge group of competent people who see exploiting this vulnerability as crucial to their survival, and no one willing or even able to seriously help on the US side if things go off the rails.