@Pablo01618 The scary part to me is the central banks think that they have the ability to influence what is happening. They have had 40 years of wage stagnation driven by huge numbers of women entering the workforce. That deflationary boon is over.
@Pablo01618 M2c, the world is global and too much corporate money at risk if there is a global recession.
America will be fine in terms of gas in the pumps etc... at a price. But that's not the economy.
Hope it all sorts itself .. but my cellar is full if it doesn't.
@Pablo01618 What melts my mind is how people completely discount this as a possibility. 1m years is nothing to the universe. Civilizations similar to us could have been wiped out multiple times, meteor strikes, nukes .. or if we are a protein planet that is frequently harvested.π₯Ί
@ZeroHedge_ I hate how the conversation is only about taxing more.
No one talking about spending more efficiently. You don't need to tax more if you spend what you already collect more effectively.
@TheCryptoDaddi But is the saudi's in the past increased their production .. it dropped the price globally. Like when they tried to put USA shale oil out of business .. as it's break even is higher than theirs
@TheCryptoDaddi Oil is a globally traded commodity .. it's not regionally priced.
It's a good and a bad thing .. in this instance bad .. USA has loads of oil but the price is up .. terrible for us. Good for oil companies (their cost to produce stays the same)
@rhynelf@IAmScuba_Steve@Havoc_8_8@LabNinety1 If people aren't there to back each other up when things go sideways .. whats the point of it all.
No other community in crypto like it!