Biff_Poindexter
Diamond Member
- Jun 6, 2018
- 26,844
- 14,792
OPEC Nations Howl for Mercy as Saudi-Russia Oil War Deepens
(Bloomberg) -- With no end in sight to the oil-price war between Saudi Arabia and Russia, their former OPEC+ partners are pleading for mercy as the economic damage worsens.Algeria and Iraq have urged the Organization of Petroleum Exporting Countries to hold emergency consultations as the market...
This is the reason I say that lockdowns around the world need to cease ASAP -- this virus panic coupled with the pissing contest Saudi Arabia and Russia are having is going to put the global economy in a hole it will take years and years to climb out of --- and more people will die from it than any virus...
"After three years of leading production cuts to support prices, Saudi Arabia seems intent on pressing on with maximum output. It has shown little interest in cooperation with OPEC+, pulling out of another committee conference call that had been due to take place earlier this month. Even signals of impatience from its principal political ally, the U.S., don’t appear to be having much influence."
Trump needs to set the example and get the economy back moving now....he has to stop being so afraid of what the "media" or what the "Democrats would say...he needs to exert the intestinal fortitude of a Bush when he invaded Iraq and didn't give a fuck about what anyone said about it....Trump can pull it off if he stops being so afraid of criticism....just do it...hold a rally, show the country that all is well and reap the political benefits of saving the economy for the second time...something no other president has ever done....