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Does the spike in oil prices presage an economic downturn?
The hill ^ | 03/08/2022 | VIVEKANAND JAYAKUMAR

Posted on 03/08/2022 12:34:36 PM PST by ChicagoConservative27

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To: ChicagoConservative27

It’s already here.


21 posted on 03/08/2022 1:32:12 PM PST by wardamneagle
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To: ChicagoConservative27

I expect our economy to keep going downhill, without a recovery. Europe will also be impacted, but the EU will recovery and be stronger.


22 posted on 03/08/2022 1:47:25 PM PST by aimhigh (THIS is His commandment . . . . 1 John 3:23)
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To: ChicagoConservative27

A rise in bankruptcies caused by high prices will result in a downturn in the economy.


23 posted on 03/08/2022 1:53:19 PM PST by Kenny500c ( )
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To: ChicagoConservative27

The spike in price is because of the deliberate strangulation of supply.

Time to strangle the stranglers.


24 posted on 03/08/2022 2:02:47 PM PST by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong [FJB])
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To: ChicagoConservative27

And the democrats have a new bill for a monetary giveaway on more covid shots, testing, and PPE and attaching more money to Ukraine. I didn’t get the cost but I do know democrats are loving this.


25 posted on 03/08/2022 2:14:40 PM PST by lucky american (Progressives are attacking our rights and y'all will sit there and take it.)
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To: ChicagoConservative27

The downturn started on Biden’s Installation Day.


26 posted on 03/08/2022 2:16:10 PM PST by Gaffer
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
Wouldn't we have to have an upturn first?

27 posted on 03/08/2022 2:18:15 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: ChicagoConservative27

28 posted on 03/08/2022 2:56:18 PM PST by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: ChicagoConservative27

In the real world, where inflation includes fuel and food, we are actually negative.


29 posted on 03/08/2022 3:12:19 PM PST by Robert A Cook PE (Method, motive, and opportunity: No morals, shear madness and hatred by those who cheat.)
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To: cgbg

Biden is a complete dimwit. He needs to open up the spigots as wide as they can be opened, and then find ways to open them even more.

Even looking at it from his point of view (nauseating of course) a small portion of the additional revenue from the economic boom resulting from a huge increase in oil production could be used for the green bozo moron programs that the AOC & Co. numbskulls are demanding.

Of course, I completely oppose green energy programs other than whatever can occur solely through the free market and not through some liberal utopia programs.

And we should write NATO a big check equal to whatever is our share of the military budget over the next 5 years and tell those clowns that we’re out of NATO in 10 years, or whenever, even sooner — and that it’s time for them to pool their massive GDP and create a credible military deterrent to the Russians who to whomever.

It’s way past time for Europe to GROW UP!

We saved Europe from the Kaiser, saved them from Hitler, saved them from Soviet imperialism and conquest

how many times do we have to save that frakked-up Euro-trash???

It’s time to bring our wasted billions - maybe trillions — home and spend at least a fraction on cutting taxes and building a completed frakking wall and credible and forbidding military presence to block the actual invasion of the United States that is occurring now, on the southern border.

Then again, if I had a magic wand, liberalism, communism and China’s CCP, nukes and military leadership would cease to exist. Russia would adopt the U.S. Constitution and the 10 components of the Bill of Rights.

But this is the real world. No magic. No wands. No 3 wishes, with or without the monkey’s paw pitfalls.

All I have is faith in Jesus and hope that I am correct in my belief that God and Jesus intended — from the time that Elizabeth I’s England wiped out the Spanish Armada (if one ponders the grim implications of the reverse outcome of Spain conquering England and making it a Spanish province, and then maybe a certain 13 American colonies never come into existence) — for the United States to be the beacon of freedom and liberty for the whole world.

But first, a lot of housecleaning is needed in the USA to get that dream and God’s mission back on track.

God gave the United States a mission, and it is well past time that we once again are about our Father’s business.


30 posted on 03/08/2022 3:37:58 PM PST by Old West Conservative
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To: ChicagoConservative27

Go buy an EV and help the economy.


31 posted on 03/08/2022 3:51:17 PM PST by cp124 (Living under medical tyranny. )
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To: ChicagoConservative27

The recession started when Pence certified the 2020 Usurpation what we’re experiencing now is the end of the recession as we catapult into a depression.


32 posted on 03/08/2022 4:04:08 PM PST by fella ("As it was before Noah so shall it be again,")
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