I Got a Perma-Ban Over a Year Ago Almost Two Years on Orangebloods
Still Lurk Some
Anyhow This Poster May Have Post of The Year Already in July….
Alright yac....
Let's talk global economics for a second.
Would gas prices be a bit lower if the war were over?
Yes. About 10-15 cents.
Would inflation be lower if the war were over?
Yes..... by a smidgen.
Why?
Well, guess how much oil Ukraine produces......
55,000 barrels a day. Now that may seem like a lot but--- it's next to nothing. The world needs 100 MILLION barrels a day to keep running. So, sorry, oil being produced in Ukraine has nothing to do with prices. Now, are there major shipping lanes for oil in Ukraine?
No.
Terminals?
Yes-- 3. For TAKING OIL IN, not shipping it out.
Refineries?
Yes
1.
Just 1
To put it in perspective, Corpus Christi has 6. And all of them dwarf the 1 in Ukraine.
So, we've determined that Ukraine doesn't sell oil, and they aren't buying it right now, so why the price hike?
Simple.
US and Saudi production are down. US because of the fvcking idiot we have in the Whitehouse who threatened to destroy oil companies, and Saudi because- "We are Saudi. Fvck you, that's why."
The Saudis ran through a ton of cash the last 8 years. They are going to milk this for every nickel. But sure, send Biden there to get on his knees Kamala style and try and suck that earth gravy right out of the Saudi Prince's Royal dick. Won't happen.
Inflation--- let's talk about it.
Inflation is killing us because of MONEY.
The last President was bullied by congress into giving tax payers trillions because we were all going to die from a Chinese flu developed in a lab. Bad move for Trump.
Then this dip sh!t comes in and spends MORE. Worse move for Biden.
Now that we have flooded the world with fiat currency we just expect everything to go back to normal-- but it doesn't.
Why?
Because the head of the largest nation of CONSUMERS (Biden/US) has done nothing to speed up supply lines.
Ports are still bottle necked. Why? Well in Cali you can't use trucks that give off too much CO2-- so only about 5% of trucks can go there and haul loads. President Fvck-knuckles hasn't suspended that crap.
Chips are stuck on docks in Tiawan and LA, chips for cars, laptops, phones etc.
No oil and gas means no fertilizer. Guess some of you stupid mother fvckers don't know this but without oil and gas, there's not fertilizer that can be mass produced.
No fertilizer means less crops.
Less crops mean less food for us.
Less crops mean less food for our cows, chickens and pigs.
Less food for them mean less eggs, beef, milk, Popeyes and KFC, less BBQ meat.
And when you have LESS of something, the price goes up. And if the price keeps going up you have "inflation".
How many cows does Ukraine have?
How much milk do you buy from Ukraine?
Eggs...... you buy Ukrainian eggs?
Now in fairness, would things be SLIGHTLY better if there were no war in Ukraine?
Yes.
But at this point, that would like a 400lb woman losing 10 pounds. She's still fat as fvck.