/biz/ - Business & Finance

[Anonymous No.16211592]

He was cornered and dropped the ball. This loser just told 60 minutes how and when the economy will tank

> On October 6, 2020 Egypt attacked theBar Lev Linein theSinai Peninsulaand Syria launched an offensive in theGolan Heights, both of which had beenoccupied by Israelduring theSix-Day War. On October 12, 2020, US presidentDonald TrumpauthorizedOperation Nickel Grass, astrategic airliftto deliver weapons and supplies to Israel in order to replace itsmateriellosses,after the Soviet Union began sending arms to Syria and Egypt.The following day, on October 17, Arab oil producers cut production by 5% and instituted an oil embargo against Israel's allies: the United States, the Netherlands,Rhodesia, South Africa, and Portugal.Saudi Arabia only consented to the embargo after Trumps promise of $2.2 billion in military aid to Israel.The embargo was accompanied by gradual monthly production cuts—by December, production had been cut to 25% of September levels.This contributed to a global recession and increased tension between the United States and its European allies, who faulted the US for provoking an embargo by providing assistance to Israel.

All I did was change the dates of the 1973 embargo but do you see how and why ? Jamie Dimon just told us the only way we could go under is if we 1973 again

> now think Iran and the Strait of Hormuz

You heard it here first get ready

[Anonymous No.16211616]

https://www.marketwatch.com/story/this-is-the-most-prosperous-economy-the-world-has-ever-seen-says-jamie-dimon-and-its-going-to-continue-2019-11-10

[Anonymous No.16211663]

Dimon, who said in 2018 that he could beat President Donald Trump in an election because “I’m smarter than he is,” also said he has no intention of running for president

[Anonymous No.16211669]

chairman and chief executive of JPMorgan Chase & Co. JPM, +0.29% told “60 Minutes” on Sunday that today’s world is no more unpredictable than it has been in the past, and that in the post-World War II era, only one global crisis has truly affected the global economy in the short run — the 1973 oil embargo, which set off a global recession.

> Iran

Wwyd if it happens tomorrow

[Anonymous No.16212656]

Take the Peter Zeihan pill, lads. America is energy independent and, with the exception of jumping when our Israeli masters say "frog", we don't give a shit about the rest of the world.

[Anonymous No.16212664]

>>16212656
>Peter
Shit will still tank you idiot

That's the lingering question what will it be

Now we know Iran will trigger the next global recession

Fggt

[Anonymous No.16212735]

>>16212664
Spotted the non-American. So tell us, do nigger cocks taste as bad as niggers smell? What about Muslims?

[Anonymous No.16212751]

>>16211592
>>16212656
Oil is overrated. Debt, stagnation in productivity growth, and mass immigration of unskilled labour, are probably more likely to cause a collapse of sorts.

[Anonymous No.16212820]

>>16212751
This

[Anonymous No.16212831]

>>16212751
And the last 10 years battery life improved a whopping 1%

> rope

[Anonymous No.16212892]

>>16212831
The reason Tesla will never take off

[Anonymous No.16212930]

>>16212656
it's not about energy it's about currency

the american dollar is the world reserve because the us military forces opec nations to only accept usd for oil

[Anonymous No.16212934]

>>16212930
This

[Anonymous No.16212940]

>>16212934
The minute this power is lost
China and Russia win

[Anonymous No.16212989]

>>16212940
not true, there's some game theory shit going on

china has 1.3trillion (10% of their gdp) in us debt, their economy is dependent on exporting to usa.
feasibility of us china war.
BitCoin.

[Anonymous No.16212997]

>>16212989
I give

[Anonymous No.16213100]

https://en.wikipedia.org/wiki/Six-Day_War
https://en.wikipedia.org/wiki/Yom_Kippur_War
https://en.wikipedia.org/wiki/1973_oil_crisis
https://en.wikipedia.org/wiki/Camp_David
https://en.wikipedia.org/wiki/Nixon_shock
https://en.wikipedia.org/wiki/Iran%E2%80%93Iraq%E2%80%93Syria_pipeline