If this seriously happens turn out the lights. The economy will go full stop. No one will leave their house. The cost of everything will go through the roof. Dinner, food, driving. Forget it.

@StealthQE4 The S&P will still be up 0.25%

@StealthQE4 However bad it is for the US it will be 10x worse for other countries that don't produce their own oil and probably cause a global credit crisis.

@StealthQE4 @Ebozzterone Rate cuts would come as a result of a global collapse the likes we have never seen

@StealthQE4 My guy. We went through this. Oil hit 148 a barrel when inflation was no where near this high, and we all made a lot less money. Literally the equivalent price from when it was that high, which was I think 2008? Would have to double check, would be $220 a barrel today.

@StealthQE4 It's already as good as cooked here in Australia; open.substack.com/pub/theconcern…

@StealthQE4 People will still pay

@StealthQE4 Iam very very concerned. This is the crisis I’ve imagined for a few years now 😣 2022 inflation was INSANE where i live (Canada)

@StealthQE4 Agreed. I don’t think people realize how ridiculous $200 oil would be. Whole countries would go dark. Demand for goods would fall off a cliff. Food would skyrocket.

@StealthQE4 It's endgame, folks

@StealthQE4 Long time ago i stalled solar. Bills are not that high

@StealthQE4 Certainly won't help Trump in mid terms.

@StealthQE4 We already barely leave the house. It's been a long slow downward ride.

@StealthQE4 Man didn’t you vote for this

@StealthQE4 Back to wood stoves and orchards.

@StealthQE4 It won’t, this is the most stupid post. Do you know how much money and CAPEX capacity that would create for the oil majors. You’d be finding and extracting oil everywhere at that price.

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