Table of Contents
- The Iran War and Oil Prices
- Widespread Expectations of a Huge Rise in Oil Prices
- The Strange, Unexpected Decline in Oil Prices
- The Unreality of Oil Market Prices
- The Return of Oil Prices to Prewar Levels
- Has the Law of Supply and Demand Been Repealed for Oil?
- The Manipulation of Our Oil Markets?
- Bubbles, Meme Stocks, and the Unreality of Financial Markets
According to the famous adage widely attributed to economist John Maynard Keynes: “The market can stay irrational longer than you can stay solvent.” A few weeks ago, I noticed that a wit had updated it with regard to the meme stock craze in which ignorant dilettantes had bankrupted top hedge fund managers: “We can stay retarded longer than you can stay solvent.”
Consider that bands of resentful twenty-somethings discovered that they could manipulate the stock prices of famous corporations in such easy fashion. Is it really so implausible that determined supporters of the Iran War such as the American government and the billionaire partisans of Israel could do the same with regard to the paper prices of oil traded on the commodity exchanges?
Related Reading:
- The Resumption of the Iran War and Oil Supplies
- Has President Donald Trump Finally Capitulated to the Iranians?
- Will Donald Trump’s Iran War Crash the Global Economy?
- Will America Be Expelled from the Middle East?
- Donald Trump and the Downfall of the American Empire?
- American Pravda: Looming Market Crashes
