re: The economic impact from this war will be devastating

You got downvoted to hell, which is a shame, since you make some interesting points. It's probably MAGA-Cuck hate, since their dear leader can do no wrong, so don't feel too bad. Full disclosure, I voted for Orange, simply because the alternative seemed like absolute garbage at the time.
Your thoughts, and I guess what you could call an overall thesis makes sense to me, I don't know if things will develop how you describe them, but so far, its spot on. Unfortunately its only been a few weeks. I'm hoping Orange cuts and runs, declares victory and moves on from this mess before we start seeing worse economic effects because of the increase in energy prices. Remember, its not just crude coming out of those ports in the gulf, its LNG, refined products, petrochemicals,etc. Most of these are globally traded commodities, so the impact of this war is broad and deep.

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This entire adventure was poorly thought out and calls the entire Islamic world to jihad against America.

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This is the one point were I think you are just completely wrong, the muslim ummah consists of hundreds of different ethnic groups, racial groups with different cultures, languages, traditions, nation states and political and economic agendas. These people will never act as a one unified body.

Yeah trust me, I don’t give a shite about the guy or 90% of his talking points but he was all over the oil tanker issue during the start of Covid. Him and Kuppy know what they’re talking about when it comes to global shipping/commodities

Define devastating and to who? I’m just waiting for the bottom so I can buy at a discount. I’m gonna make more money on this dip than I did in April of last year.

Thought's on this take?

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I think he’s talking about economically on a macro global level, not random people waiting to flex on the money board.

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This board is comprised of daddy’s money layabouts and sigma grindset fb marketplace pressure washing guys that brag about making 7k from full porting the dip


The real economy doesn’t matter to them either because paw paw paw paw owned a rail road or because their old lady gets food stamps because they never got married in the eyes of the government

Oil prices could go a lot higher if this doesn't wrap up soon.

Adjusted for inflation, the current oil price is about at the average over the last 50 years around $65.

If the supply shock played out like the summer of 2008 the price would hit $150+ and if it's to the degree of the Iranian revolution in 1979-80 it could go to $250+.

They won’t call it off until it’s too late

Why are you trolling the money board of all places?

This issue is not even close to being figured out. Fertilizer & aluminum prices both going to sky rocket across the globe.

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Thank god people like you weren’t in charge in 1941

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That's beyond frightening. We would all be speaking Japanese.