Inmate Central Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
|
In Reply to: the oil companies love disaster... posted by Jim Pearce on March 7, 2022 at 07:45:59:
Why gasoline prices are going up is less important than that they're going up. It's going to drag down the economy because it always does. Stuff gets more expensive, people have less money to spend, other people lose their jobs, etc. There's a lot of overvalued sectors of the US economy that are due for correction.
Right now Americans look at Ukraine they way they look at disaster relief. Give to help the plucky Ukrainians hold off the Russian juggernaut.
When their homes are worth less, when they're underwater on a $50K pickup truck they can't afford to make payments on any more, they aren't going to care about Ukraine and they're going to demand the Joe Biden or whatever simulacrum of a human being takes Biden's place in two years do something about the economy.
The blissful counterstroke-a considerable new message.
This post is made possible by the generous support of people like you and our sponsors:
Follow Ups
- Which doesn't really matter a lick. - ghost of olddude55 03/7/2208:15:45 03/7/22 (7)
- that's the trouble with your non-analysis... - Jim Pearce 08:46:49 03/7/22 (3)
- Again, that doesn't matter. - ghost of olddude55 09:10:39 03/7/22 (2)
- inflation is a favourite narrative on the other side... - Jim Pearce 12:00:06 03/7/22 (1)
- What "side?" - ghost of olddude55 13:51:58 03/7/22 (0)
- RE: Which doesn't really matter a lick. - Inmate51 08:30:24 03/7/22 (2)
- PRK has another gas tax on schedule for July. - emailtim 11:02:01 03/7/22 (1)
- RE: PRK has another gas tax on schedule for July. - Inmate51 15:05:12 03/7/22 (0)