Live data from Hacker News

Mystery jump in oil trading ahead of Trump post draws scrutiny

bbc.com

151–160 of 419 posts

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#151

Earlier quoted context omitted.

if a ground invasion goes they will destroy oil trade and everyone is screwed. The war should not be won. it should be ended before everyone loses.

I think you’re just seeing the logic of US defense by offense, and the reason why the excursion was launched as it was three weeks ago. If you step back, in 1979 Iran launched a revolution that had an avowed goal of “death to America”. If the Iranians play the kinetic scenario to the bitter end, they simply are demonstrating this was not mere poetry and there never was any other off-ramp, just tactically deciding at…

> If you step back, in 1979 Iran launched a revolution that had an avowed goal of “death to America”. If the Iranians play the kinetic scenario to the bitter end, they simply are demonstrating this was not mere poetry and there never was any other off-ramp, just tactically deciding at what relative strength these two systems will collide.

Step back further and you see that they were overthrowing a dictator that the US had installed over their democratically elected government.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#152

Earlier quoted context omitted.

I am bothered by the fact that many people have just resigned themselves to this state of affairs. Rather they're leaning in to this behavior themselves in small doses, incrementally, believing that having integrity is for suckers.

So what's your suggestion, enlightened one?

I understand the sarcasm. One thing I liked was the NYT's recent interview with (former General) McChrystal, who suggested making some form of service mandatory, not necessarily military but teaching, charity, and public works.

I don't believe these issues can be solved at the macro level. The US has many crumbling institutions and they are still ripe for the taking. Participate in volunteer events, the local FD, join the local Masons, or similar.

Engage with people directly, locally, even or especially with people who you assume hate you (they probably don't).

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#153
post #30

People got exactly what they voted for. It would be hilarious, if it wasn't so serious.

Biden or Kamala aren't under Israeli influence?

Its pretty safe to say that Biden didn't go start a disastrous war because Netanyahu said a nice thing about him. It also seems unlikely that Harris would have started such a war with her 2-state stance.

There's such a thing as degrees of influence. A fool who is strictly against anything Israel suggests is just as manipulable as a narcissistic moron.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#154
post #116

Earlier quoted context omitted.

People just don't like the "both sides are the same" clownery anymore. It's not true and will never be true.

So are you asserting that Nancy Pelosi wasn't insider trading when her party was in power?

Yes I am asserting that, there is no proven evidence she was. Congressional stock trading is legal.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#155
post #101

Earlier quoted context omitted.

It's not that complicated. Elect a Democrat in 2028 who will nominate a strong AG, not a useless ditherer like Garland. What a disgraceful tenure he had. If he was going to take so long to bring charges he should have just avoided it. Instead he takes 3 years to bring all these charges which naturally look like election interference and as such are paused until they choke the election away and the new justice departm…

> Elect a Democrat in 2028 Does everyone still believe this will be possible/happen/allowed by the current regime?

>> Elect a Democrat in 2028

> Does everyone still believe this will be possible/happen/allowed by the current regime?

Note the previous riot was unsuccessful. And probably he'll try something similar this time so the relevant services know what to expect.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#156

Earlier quoted context omitted.

I believe the dollars strength is built on its unassailability as the petrodollar and foreign reserve currency, which lets the fed set interest rates and print money while creating less inflation than any other currency. The world looks very very different when energy markets aren’t fulfilled in dollars in ways that most citizens won’t understand.

That’s false. The petrodollar is irrelevant because two non-US companies trading using an intermediate currency like the USD create a balanced buy and sell of the intermediary.

If the petrodollar is irrelevant, why is Iran insisting that anything transiting the straight of Hormuz be bought using the Chinese Yen?

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#157
post #116

Earlier quoted context omitted.

People just don't like the "both sides are the same" clownery anymore. It's not true and will never be true.

So are you asserting that Nancy Pelosi wasn't insider trading when her party was in power?

I think he is asserting she never created a policy, tweeted or manufactured a war for her insider trading: it was purely opportunistic.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#159

Earlier quoted context omitted.

I think it's likely that they'll see justice in a chaotic way , ie not connected to the specific crime. Most likely outcome is that they make huge paper profits that are then absolutely worthless because the dollar collapses and the property rights that enforce the wealth they gained from these transactions disappear as the government is toppled. Another likely outcome is that they get in the habit of doing criminal…

> Most likely outcome is that they make huge paper profits that are then absolutely worthless because the dollar collapses Seems like it'd be pretty easy to diversify into inflation-protected assets after taking big profits. But I also don't see the dollar collapsing any time soon. The dollar's strength is built on the US economy, and the US economy is still one of the strongest in the world, with high productivity p…

One of the reasons behind the dollar strength is that the US has a huge population.

Even if the central bank might does a bad job and make a mess of the economy, the activity of 350 million people is hard to ignore.

Is it enough to _fully_ sustain the US dollar?

Who knows, but at least there is a floor, even if everybody stopped using US dollars for international trade.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#160

Earlier quoted context omitted.

if a ground invasion goes they will destroy oil trade and everyone is screwed. The war should not be won. it should be ended before everyone loses.

I think you’re just seeing the logic of US defense by offense, and the reason why the excursion was launched as it was three weeks ago. If you step back, in 1979 Iran launched a revolution that had an avowed goal of “death to America”. If the Iranians play the kinetic scenario to the bitter end, they simply are demonstrating this was not mere poetry and there never was any other off-ramp, just tactically deciding at…

The Iraq-Iran war, in the eighties....who had Iran lining up a million soldiers in battle, for eight years, has shown Iran is ready for a level of endurance, the US cant even imagine.
Post reply on HN