Terrel L. Shields
Elite Member
- Joined
- May 2, 2002
- Professional Status
- Certified General Appraiser
- State
- Arkansas
After being swindled in his first term, he knows he only has months before the house will flip again and nothing will happen during his last 2 years. The result is Venezuela which has a big impact upon Cuba and adding Iran to that is a bridge too far because it has a huge impact upon oil prices.
It is laughable for prior administrations claiming they are "sanctioning" Iran as if they stopped them from selling oil. In fact, Iran is selling a lot of oil. Same with Russia. It's still the heart of their economy. And Europe are bald-faced liars. They are buying Russia oil and gas hand over fist via buying thru 3rd parties like India and China.
You can talk management, money, interest rates but the key to every economy is ENERGY. The failure of the EV revolution Biden tried to cram down everyone's throat should be a wakeup call. The world economy and cost of energy is key to how a new technology is adopted. It is not adopted by stopping oil. All tht does is slow the economy. But the economy is going to slip because oil prices are increasing almost solely because of Iran. The relationship between oil prices and the economy is real and means we are in for a slowdown of the economy and more inflation. I blame Trump for trying to do too much knowing his time is limited.
Personally, I am going to benefit hugely because my royalties are tied to the price of oil. And as prices increase, the unit costs actually diminish and so I have less percent of the BBL/MCF taken out of my check. But that's only my personal economy. The economy will slow and that is all the more reason to get the illegal aliens out of the country and stop funding them with services, welfare and "free" services like Mandanni's so-called "free" grocery stores coming soon.
It is laughable for prior administrations claiming they are "sanctioning" Iran as if they stopped them from selling oil. In fact, Iran is selling a lot of oil. Same with Russia. It's still the heart of their economy. And Europe are bald-faced liars. They are buying Russia oil and gas hand over fist via buying thru 3rd parties like India and China.
You can talk management, money, interest rates but the key to every economy is ENERGY. The failure of the EV revolution Biden tried to cram down everyone's throat should be a wakeup call. The world economy and cost of energy is key to how a new technology is adopted. It is not adopted by stopping oil. All tht does is slow the economy. But the economy is going to slip because oil prices are increasing almost solely because of Iran. The relationship between oil prices and the economy is real and means we are in for a slowdown of the economy and more inflation. I blame Trump for trying to do too much knowing his time is limited.
Personally, I am going to benefit hugely because my royalties are tied to the price of oil. And as prices increase, the unit costs actually diminish and so I have less percent of the BBL/MCF taken out of my check. But that's only my personal economy. The economy will slow and that is all the more reason to get the illegal aliens out of the country and stop funding them with services, welfare and "free" services like Mandanni's so-called "free" grocery stores coming soon.
