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Joined 3 years ago
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Cake day: June 12th, 2023

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  • add on top of that:

    • time for Iran to administrate passage
    • time for each boat to enter/exit under security
    • reduced production rates due to full tanks or damaged infrastructure
    • time for countries to raise sovereign capital (selling bonds, gold and currency reserves) to meet price increases

    estimates are a reduction of 15-25% of global supply and 3-5 years to recover IF the straight is opened immediately and stays open. You can’t print oil ppl. The price per barrel will need to be high enough to squash 15-25% of global demand. We could see $300-350+ per barrel.


  • Killing in the name of god and self-gain is the systemic problem. the worst of our humanity is being exploited while our greatest potential is being suppressed. The world has let Palestine be slaughtered and Iran is just next. I keep hearing Trump has ‘no exit strategy’, when actually it’s pretty simple: just leave and say sorry. But no, he cares for wealth more than he cares for the lives of disposable children, and he’ll bomb anything that makes him richer.