Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Grand Theft Oil Futures: Insider traders keep making a killing at our expense

paulkrugman.substack.com

Post reply on HN
Print view View original

171–180 of 367 posts

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#171

Post by vkou »

an0malous wrote: post #152
vkou wrote: post #54

Earlier quoted context omitted.

The war must continue in order to bring us to the status quo that was in place before we started the war. I hope that everyone responsible for this is enjoying every cent of what they get to pay at the pumps.

A lot of Trump supporters, including Tucker Carlson, Joe Rogan, and Dave Smith, voted for him because of his anti-war stance during campaigning. I’m not defending their poor judgement of an infamous con artist (I didn’t vote for Trump) but we should ask ourselves how democracy can function if candidates can just make things up during campaigns and do the complete opposite when they’re elected. We should also ask ours…

> A lot of Trump supporters, including Tucker Carlson, Joe Rogan, and Dave Smith, voted for him because of his anti-war stance during campaigning.

That was just their nice-sounding excuse for voting for him. It's not like they are going to go out and say that they like him because of his jingoistic machismo authoritarian 'strong'-man bullshit.

They'll performatively grumble for a bit, but are all ready to vote for the guy a fourth time in 2028.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#173

Post by throwtyy »

cbdevidal wrote: post #149
marcosdumay wrote: post #145

Earlier quoted context omitted.

Or, more specifically, by 2020 he was sending military boats to attack Iranian targets and trying to force Russia to respond. He only stopped because of COVID.

If it were that obvious we would have specifically heard it it predicted. Maybe someone did but I didn’t hear it, and I listen to politics daily. Expressing a desire to take Greenland but not actually doing so was a move out of his book Art of the Deal.

The million dollar question is how america occupies Greenland.

As always Europe does nothing

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#176

Post by pjc50 »

david-gpu wrote: post #128
cbdevidal wrote: post #108

Earlier quoted context omitted.

I didn’t vote for Trump but I don’t blame the voters. I don’t think many people foresaw him doing this on either side of the political aisle. Other stuff we disapprove of, yes. But not this. I say that because he had famously resisted to enter extended conflict in his first term. Maybe he wanted to but now has the chance since he’s in his final years. (At least, I hope it’s his final years.) But I didn’t hear anyone…

You make a good point. At the same time, when he broke his electoral promise to stop foreign interfefence and kidnapped Maduro, his voter base did not turn against him. That seems to have emboldened him to pursue more military actions abroad. Now let's see how long until he invades Cuba, and how his voters will react.

God, they're going to love that - provided it's a swift victory, of course. They've wanted that since the Bay of Pigs.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#177

Post by forlorn_mammoth »

coredog64 wrote: post #132

By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's - Paul Krugman, 1998 Excuse me if I take the Krug-o-tron's opinions with a grain of salt.

Five years later, still mourning the dot-com bubble

https://www.southcoasttoday.com/story/news/nation-world/2005...

for a view of the internet's impact on the economy in 2005.

internet delivered massive value post 2005, but that is outside of the window K called out.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#178

Post by pstuart »

cbdevidal wrote: post #108
hrldcpr wrote: post #62

Earlier quoted context omitted.

Arguably people who voted for Trump are somewhat responsible, and include a lot of car drivers. (Not to imply that many Democrat politicians aren't also owned by AIPAC and big business.)

I didn’t vote for Trump but I don’t blame the voters. I don’t think many people foresaw him doing this on either side of the political aisle. Other stuff we disapprove of, yes. But not this. I say that because he had famously resisted to enter extended conflict in his first term. Maybe he wanted to but now has the chance since he’s in his final years. (At least, I hope it’s his final years.) But I didn’t hear anyone…

I absolutely blame the voters. Vote for a clown and you get a circus.

The man is a pathological liar and nothing he says can be trusted, although it's pretty reliable to consider every accusation is an admission.

Last term he had grown ups in the room to contain him -- this term he's surrounded himself by enablers and acts as if he is now god emperor for life.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#179

Post by troyvit »

an0malous wrote: post #152
vkou wrote: post #54

Earlier quoted context omitted.

The war must continue in order to bring us to the status quo that was in place before we started the war. I hope that everyone responsible for this is enjoying every cent of what they get to pay at the pumps.

A lot of Trump supporters, including Tucker Carlson, Joe Rogan, and Dave Smith, voted for him because of his anti-war stance during campaigning. I’m not defending their poor judgement of an infamous con artist (I didn’t vote for Trump) but we should ask ourselves how democracy can function if candidates can just make things up during campaigns and do the complete opposite when they’re elected. We should also ask ours…

> but we should ask ourselves how democracy can function if candidates can just make things up during campaigns and do the complete opposite when they’re elected.

Education. Actually teaching people how to think critically about what they see and hear needs to start as soon as they get a phone in their hand, if not sooner. That education in critical thinking needs to come from family, school, social clubs and religious institutions. I don't think that'll ever happen in America though. Our economy depends on people not thinking critically.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#180

Post by ryandrake »

cbdevidal wrote: post #108
hrldcpr wrote: post #62

Earlier quoted context omitted.

Arguably people who voted for Trump are somewhat responsible, and include a lot of car drivers. (Not to imply that many Democrat politicians aren't also owned by AIPAC and big business.)

I didn’t vote for Trump but I don’t blame the voters. I don’t think many people foresaw him doing this on either side of the political aisle. Other stuff we disapprove of, yes. But not this. I say that because he had famously resisted to enter extended conflict in his first term. Maybe he wanted to but now has the chance since he’s in his final years. (At least, I hope it’s his final years.) But I didn’t hear anyone…

"We didn't see it coming" is not very believable. Trump campaigned on a general theme of chaos and griefing, and he is delivering on exactly what he promised.
Post reply on HN