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To: cuban leaf

“Actually, oil is falling off a cliff.”

The anticipation of Demand Destruction. Many big money holders anticipate a major deflation after this bubble pops...er...explodes.

We’re right on the precipice.


35 posted on 06/17/2022 8:41:37 AM PDT by Mariner (War Criminal #18)
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To: Mariner
Remember Kissenger's comments at Davos this year?
I think he had something like what you're saying in mind when he made those comments.

IMHO, it could bring down the WEF/globalist infrastructure built since Bretton Woods.

I would try and be out of debt as much as possible if those money holders are correct.

55 posted on 06/17/2022 9:01:03 AM PDT by Tench_Coxe
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To: Mariner

That’s my sense as well, that we are on the precipice of a demand meltdown, however that comes about. A number of bellwethers are pointing to that.

Large retailers with huge inventories
Samsung telling suppliers to stop shipping supplies
Savings rate at significant lows
Credit card debt at record highs

Consumers are almost tapped out. Things are going to get... interesting.


82 posted on 06/17/2022 9:20:32 AM PDT by Obadiah (DeSantis 2024)
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