THE US ECONOMY IS NOT GOING TO CRASH.........................
US and Iran conflict thread. ( merged threads)
- Thread starter TEOTWAWKI inc.
- Start date
2 weeks to flatten Iran! Just a couple more. Next thing you know.... 20 years.
Nah that can't happen..
spat
.950 JDJ
The Iranian economy OTOH is on life support over this.
spat
.950 JDJ
Well, not this year anyway, and probably not next year either.Nah that can't happen..
After that it gets less certain.
spat
.950 JDJ
It's a minor irritation for our economy, but I think the "before your economy collapses" is referring to Iran. They are on a lot less stable footing.
No? Between heating/cooling energy, food, gas expense people won't be buying to much more.
"
holdover
.475 A&M Magnum
It may not ""crash,crash"" but a global depression is almost certain . Jobs have been down last 3 quarters, the prices on everything have been adjusting upward , Sales for everything is dropping, the costs for business has been rising, Car and home sales are stagnant , I believe them to be dropping more than what is showing, credit card usage is rising, then you have the possibility of AI replacing more and more white collar jobs , people putting off home repairs , like roofs driveway siding. hurts the trades , increasing taxes and student loans . Tariffs rising ,serious hospital bills for people with shitty coverage ,the pressure on the average joe is just crushing at this point. 70 hour work weeks are just making it , there's no more hours you can work . Jeezus candy bars are 3 bucks now.
If this continues for another year or 2 its going to break the back of the average joe.
If this continues for another year or 2 its going to break the back of the average joe.
I don't know about many times... but the last time I saw prices like this was June 17th, 2022. the price of gas locally was $4.969/gallon at Speedway.
stokes
.338 Win Mag
THE SKY IS FALLING!
Brawny71
.44 mag
On track with my thoughts except why is Iran oil affecting the US? Because OPEC has the hold on GLOBAL prices. If we draw back, remove a lot of the restrictions on “keep it local” (claim, refine, make it easier to distribute in the US; like it was) it shouldn’t affect the US like this. The US CANT use Iranian oil. Now we see members of OPEC leaving; loss of Global pricing and control of oil release. Add that to US based oil reenergizing collapses processes down south.Taxes is part. Distribution infrastructure is actually a bigger part. Biggest portion is crude prices.
How Gasoline Prices Are Determined
What determines gasoline prices? Explore how crude oil prices, refining, distribution costs and taxes influence what drivers pay at the pump.www.api.org
Why are gas prices different in different states?
Gasoline prices vary across the country due to differences in fuel taxes, regional fuel specifications, transportation costs, local supply and demand and operating costs for gas stations.
Not tomorrow. But I see this all as a plus for US. I don’t see an economic collapse HERE. But I do see EU hurting bad BECAUSE they’ve become to reliant outside their borders.
obtw; it seems these threads have a lot of Ai help all of a sudden.
Brawny71
.44 mag
I’m saying some resolution within 14 days with the Iran situation. The Iranians run out of storage for oil the next couple days, tankers can’t leave, oil platforms will need to Cap because no place to store, which also means they will need to redrill (can’t uncap), can’t send anymore missiles and drones to Russia (also secondary affect in Ukrain) which takes more motivation from them and their supporters.
Brawny71
.44 mag
UAE announces it is leaving OPEC and OPEC+ from 1 May
The United Arab Emirates announced on Tuesday it has quit OPEC and OPEC+. The decision will come into effect on 1 May, a statement said. “This decision follows
www.energyconnects.com
Brawny71
.44 mag
I hear you. But I also see a lot of one person driving to things not critical but convenient. LA freeway is still bumper to bumper with one person in the car. People still zipping out for Starbucks burning that gas. Convenance has become a right. Getting to work is the battle streamer. Haven’t heard much about carpooling or sudden influx of public transportation ; BECAUSE it’s not convenient. We get wadded up because there’s only 10 varieties of tuna available NOT because it’s not available. Yep things are different. But we have to many options, to much convenience, and have become to relying on all of the above. We can yap 24/7 on this forum and using the internet. What would happen if it was turned off (like in Iran right now) or monitored and controlled (China Russia)?
Beerman
6.5 Creedmoor
My wife and I ride to work together every work day, with extremely rare exceptions. It’s 38 miles each way. We’ve done this for 9 years now. Lucky for us we have the same schedule and work at the same location.
Saltwater60
20×102mm Vulcan
I was looking for clarification on his statements. The economy is in a downturn for sure. We just bought a car from a manufacturer that doesn’t normally offer incentives and they gave us $2,000 off sticker, $2,500 in incentives, and insane amount for my trade and 2.99% financing. Houses are not selling as fast and neither are cars. I’m not saying it will crash but it’s slowing.
stokes
.338 Win Mag
It seems to me that the "economy is in the downswing" for much more of my life than its been on the upswing. Also seems to me that the people in control of the economy will be the most affected by a crash, they aint gonna let that happen.
Just to stay on topic bomb the snot outta Iran!
Just to stay on topic bomb the snot outta Iran!
The latest from Garcia. While the entire article is interesting and very well written you can skip most of it until he discusses the iran war towards the end. He states the administration is fighting the war using the strategy of a guy named John Boyd. (The background he provides on Boyd is absoluting fascinating).
Key quote:
The hardest blow you can land on Tehran is not against Kharg. It is against the trust binding the regime to its own people, the IRGC to its own conscripts, the Basij to its own commanders. Every day the regime fails to deliver basic services, fails to retaliate effectively, fails to protect its own elites, fails to control its own borders, the bond fractures a little more. Design every move, kinetic and diplomatic, to maximize the rate at which that bond fractures.
If a ceasefire deal can deliver that collapse, take the deal.
If a deal lets the regime reconsolidate, do not take the deal.
Our first set of strikes decapitated the regime and caused a lot of confusion. We are wating to see if the confusion bears fruit. If not, we will attack again.
substack.com
Key quote:
The hardest blow you can land on Tehran is not against Kharg. It is against the trust binding the regime to its own people, the IRGC to its own conscripts, the Basij to its own commanders. Every day the regime fails to deliver basic services, fails to retaliate effectively, fails to protect its own elites, fails to control its own borders, the bond fractures a little more. Design every move, kinetic and diplomatic, to maximize the rate at which that bond fractures.
If a ceasefire deal can deliver that collapse, take the deal.
If a deal lets the regime reconsolidate, do not take the deal.
Our first set of strikes decapitated the regime and caused a lot of confusion. We are wating to see if the confusion bears fruit. If not, we will attack again.
They Passed Him Over for General Because He Cursed in Front of the Wrong People. Twenty-Nine Years After His Death, the Pentagon Is Quietly Borrowing His Strategy to Defeat Iran.
The greatest fighter pilot in American history never made general, never made money, and died in 1997. His war plan is on the President's desk this week.
substack.com