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Old 03-09-2020, 06:44 AM   #1
Doppleganger
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The world is ending

I'm watching the premarket selloff and just...

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Old 03-09-2020, 01:26 PM   #2
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"The liberals said that Trump would be the next Hitler, the end of the world, and now look where we are! We managed to not get into WW3 THREE TIMES and all we have at the border are migrant internment camps!"
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Old 03-09-2020, 03:55 PM   #3
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This really has nothing to do with Trump, though.

Obama was a big supporter of US shale because the depressed oil price was how he was passively battling ISIS without a determined ground offensive. Putin disliked US shale as it lessened Russian power, their ability to influence oil prices as part of OPEC+.

Russia and Saudi Arabia are now in disagreement, and Putin is using the opportunity to kill US shale and force a massive scaleback in oil.

The coronavirus is going to hit worldwilde industry and travel, with a real economic impact crater - combine this with plentiful, unsold means of travel, Putin can show everyone who's boss.
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