This comment is more about the oil post this morning but there was no comment button there so...
Is it possible that part of Petrodollar 2.0 is to drive the cost of oil low enough that Putin can't fund the war on Ukraine and this allows Trump to achieve peace without sanctioning his BFF?
I know there are publicly stated reasons (OPEC/Saudi punishing Kazakstan for exceeding quotas) but I read that Russia's break even is $50 so this could actually work? This is inspired by Puppet Regime (YouTube).
This comment is more about the oil post this morning but there was no comment button there so...
Is it possible that part of Petrodollar 2.0 is to drive the cost of oil low enough that Putin can't fund the war on Ukraine and this allows Trump to achieve peace without sanctioning his BFF?
I know there are publicly stated reasons (OPEC/Saudi punishing Kazakstan for exceeding quotas) but I read that Russia's break even is $50 so this could actually work? This is inspired by Puppet Regime (YouTube).
I've got it now! Borrow your way out of debt 😪! Can that math work?
How do you think American community banks (Tim Melvin's portfolio) will hold up during this crisis?
I think you're going to see a ton of sales back at tangible book value.
Is that positive or negative for the portfolio? I think most of items are priced at a bit less than their book value now.
Is this why David Hunter will be ultimately correct when S&P goes to 7500 and gold goes to 5000?
yes... S&P will be higher than that... and the Fed balance sheet over $10 trillion.