Crude Oil Collapses Epically

originally posted by: puzzled2
a reply to: burdman30ott6

but if the prices that usually are increased due to Oil price are actually lowered on the new cost for Oil, the normal reaction is for people to spend.

So will this reflect everywhere farmers storing oil and lowering food shops lowering cost. well the preppers buy and store more fuel for next winter?

There does have to be a global reset of prices now the Russians and Arabs have crushed the oil supply, the chinese have brought the worlds biggest companies for pennies on the dollars.

Time to lift the Pandemic, recall all Aid and troops from overseas start re-building infrastructure and manufacturing.

Agreed

It is high time we put the hurt on china, our biggest adversary.

Any alliance we can forge to hurt china is worth it.