[thackney]

I find it amazing that capitalists are complaining that OPEC won’t work as an effective cartel to hold back production and raise prices.

[fatez]

I find it amazing that capitalists are complaining that OPEC won’t work as an effective cartel to hold back production and raise prices.

I have really noticed this too. I am wondering if the derivative markets are getting real squeamish and that is what we are hearing. Low energy prices are a boon. Only investors in the energy sector get knocked, but transportation and manufacturing love the low prices. As a consumer, I love it (I do have some stocks in the energy sector, but they will be fine long term).

[Democrat_media]

what they are saying and what i also think is that Saudia Arabia STATE controlled cartels artificially caused supply disruptions in the past leading to unnatural numbers. in a truly free market (free market capitalism) state controlled cartels would not restrict production for so long creating artificially high prices for so long which now lead to the bursting of the artificial bubble. in a free market without huge state controlled cartels wherein states control production rates supply would be more gradually in tune with demand and price would be more stable