I’ve said my piece. Fuck this corrupt government and the losers that enabled this.
In honor of Pete Davidson’s viral joke that is sending right wing Karen’s into a fit, I decided to post my favorite.
https://youtu.be/asZjE96ECBU?si=MJTdE1qUVw0EDGf9
Stop trying to shove this political propagandist down our throats as a hero. He didn’t deserve to die, but every minorities or liberal that gets executed by police is hilarious to conservatives.
Don’t be mad at this if you were laughing when the ICE Agent shot that innocent lady and said “5 shots, 7 holes”. Don’t be mad at this when “Pretti Goode” was your favorite meme a few months ago. Don’t be mad at this if George Floyd, Breanna Taylor, and Trayvon Martin’s deaths were funny to you.
Fuck this administration and their fake heroes. Be mad that the same people who use Kirk as propaganda probably killed him.
Never forget what this administration has done to protect pedophiles.
It seems the markets haven’t fully priced in the effects of the Iran war on oil and that prices will climb or remain high even in the case of an end to the war.
Countries have been releasing strategic oil reserves to keep prices low and battle inflation, but eventually these reserves will need to be built back up. Especially for Asian countries that may fear a restart to the conflict of an end to the war is agreed upon.
Other key takeaways:
Estimates consider global demand destruction of 5.6 million barrels a day as countries and consumers cut back on oil consumption.
JP Morgan projects $150 a barrel oil prices and 4% inflation to be coming soon.
Indonesia, Vietnam, Pakistan and the Philippines will soon be at critical levels.
European jet-fuel stocks are also depleting fast just as summer approaches. Estimates of critical levels as early as June.
Macroeconomic shock expected across Asia if the straight remains closed by early June, July for Europe.
Article Via Bloomberg (free on Yahoo Finance)