Sometimes I can’t believe people. The same guy who complains about the high price of gas then says we should invade Iran. As if that would bring the price of gas down. Let’s see here. War causes huge market instability, which causes volatility. Iran, an oil producer, would most likely be shut out of most world markets. To be spoilsports about it, they could close down the Straights of Hormuz where a goodly portion of the world’s oil is shipped.
Just to make things interesting, the US currency could speed up its collapse. In fact, China could easily shut off US credit, pretty much guaranteeing a financial meltdown. As it is, gas isn’t so much going up in price as the dollar is dropping in value. It takes more of them to buy a given amount of gas.
So . . . gas is up in price, let’s mess up the oil markets, supply and currency . . . that’ll make it all better. Besides, the last two wars have worked out so well.
On the other hand, there are people who have a fair idea what’s going on. The last thing they want is another war, knowing it’s not going to solve problems, but make things worse for the average Joe.
Some people get it, and some people don’t.
Last sunshade cloth is put away
4 hours ago