Earlier quoted context omitted.
Someone has taken the Rothschild motto too literally: “Buy when there is blood in the streets, even if it is your own.” — Baron Nathan Rothschild https://medium.com/@douglasp.schwartz/buy-when-theres-blood-...
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Grand Theft Oil Futures: Insider traders keep making a killing at our expense
261–270 of 367 posts
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#262Criminal probe into this started last month. https://www.reuters.com/business/energy/us-probes-suspicious...
that is "too big to prosecute against extremely creative and well paid law firm" territory
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#263Needless to say, though I consider Krugman to have failed at practically every prediction he made in his NYT columns, his point is very valid.
No one should stand for this. Unfortunately a very bad precedence has been set by many politicians in the US.
I find it hard to see that this would ever change if the governing authorities are as tame and neutered as they seem to be.
Ultimately it is a question of how to root out corruption. And it must be a path 90% agree on. I don't see it as helpful to become emotive.
The real curious part to me is why there are such large reactions when neither the US nor the Iranians seem to be truthful and seem to agree even on what they disagree on...
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#264If you are trading in the futures market and you don't have inside info or are not an actual supplier of the commodity, you are the sucker.
hard to win at a game where 97% fail in the long run.
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#265Earlier quoted context omitted.
It's more evidence if any was needed that the US is now definitively in a late imperial phase of decline - US elites have become corrupt. This is classic decline of empire stuff. So no you can't stop it, but knowing that does at least let you make decisions with more clarity in your own life
I'm just glad I'm alive to witness it. Ww2 is what finally sank Britain's declining empireafter ww1, I'm hoping Iran and maybe a global war finally knocks them off that top spot and the east takes over
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#266The corruption is a welcome byproduct of Trump's role as a Reality TV host who has to keep the conflict going and Hormuz closed. The fact that he is talking peace again now is just because he cannot attack before the meeting with Xi in mid May. The real issue is US energy dominance and control of the sea routes. Which Krugman does not mention, because the effort is bipartisan and he probably likes it. The US literall…
I think you’re giving Trump too much credit. If he starts firing shots again the war is illegal. The 60 day window is over. He has no appropriated money to fight the war, no public support, and no way out. There is no chess game here. It’s not even checkers. He is just trying to not have to admit he made a mistake - just with billions of dollars and lives on the line. Such sad.
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#267Earlier 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.
People absolutely predicted Trump military adventurism in the 2024 election cycle! It failed to break through in the media because of a deliberate reflection attack that leveraged a bunch of leftie memes about Biden/AIPAC/Israel to pretend that it was really the democrats who wanted endless war.
So that's what low info voters heard on their televisions. But the smart people in print were 100% warning about this kind of thing.