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Miguelito Loveless

(5,933 posts)

1. The "market"

Reply to Yo_Mama_Been_Loggin (Original post)

Fri May 22, 2026, 02:17 PM

Friday

is totally disconnected from reality. It is rife with insider trading and the big players are making a killing with the "good news/bad news" prices swings. The realists have pointed out that if the strait opened tomorrow, it would still take YEARS to get production back to where it was. In the meantime, we are burning through our stockpiles and the US is being lied to at the highest levels. It is easier and less stressful to believe the lies than the truth.

Humans are very bad at risk assessment and understanding complex systems, Americans doubly so.

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sakabatou Cosmocat wave_maker

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Highlight:

Oil market is 'selling a lie' to the public, oil execs warn [View all] Yo_Mama_Been_Loggin Friday OP

The "market" Miguelito Loveless Friday #1

Market? More like a racket sakabatou Friday #2