Comment by baxtr

16 hours ago

A bit tangential: it’s narratives like this which can create sudden crashes on the stock market.

Speculation at some point meets reality. This is when market crashes.

  • So, your proof is that some dire predictions in the past, about other things, by other people, were sometimes true?

    • I 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.

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