The faster we empty the oil tanks, the faster the nasdaq goes up
Pretty amazing, who knew all we had to do was blow up the supply chains for infinite gains…
\- Meanwhile 70% of farmers can’t afford to grow their crops
\- The last shipment of oil arrived yesterday in the U.S. \[Some metrics show the U.S. as a net exporter, but for crude oil (the material that’s refined into gasoline) the U.S. is a net importer\]
\- The Strait of Hormuz is still closed… it’s been 2 months (21 million barrels of oil a day to the globe)
\- Multiple countries are in an energy crisis…
\- The national debt just exceeded 100% of the GDP for the first time since 1946
Yet because everyone’s portfolio is up, it seems like no one seems to care. Little do they know the long term effects this will have on the global economy. Short term gain for long term pain in my book