[-] 8oow3291d@feddit.dk 4 points 1 hour ago

We have tons of untapped oil fields

But that is likely irrelevant for the timescale of this conflict, right? Surely the lead time for bringing new oil fields online is measured in years.

[-] 8oow3291d@feddit.dk 6 points 1 hour ago

Oil prices are pretty global. If you look at the prices for European oil (Brent crude) and US oil (West Texas Intermediate), then they are $14 apart. Which is not nothing, but WTI is still up by 63% from pre-war. That is still going to hurt the US economy, a lot.

Also, in the US the oil price windfall is privatized, while the oil price pain is socialized. So the US will still feel almost the full pain.

[-] 8oow3291d@feddit.dk 3 points 1 hour ago

It is not just at the pump. The whole supply chain depends on oil. Industrial processes, plastics, fertilizer.

The price rise at the pump is often masked by taxes. The percentage jump for industry will be larger.

[-] 8oow3291d@feddit.dk 1 points 1 hour ago

But isn't lifting sanctions on Iranian oil actually the smart thing to do? Get all the oil to market, to ameliorate the supply shock. Even though it looks horrible from a PR angle.

[-] 8oow3291d@feddit.dk 3 points 1 hour ago

It truly should be a learning experience. But I genuinely don't think Republicans in the US are capable of learning anything, especially not something as narratively inconvenient as this.

[-] 8oow3291d@feddit.dk 1 points 2 hours ago

Why not? 77 million people voted for Trump. And before you cry "election fraud", the pre election polls measured similar numbers.

[-] 8oow3291d@feddit.dk 1 points 2 hours ago* (last edited 2 hours ago)

Carlin's quote said nothing about "defense".

And in any case, e.g. NATO's prevention of the genocide was not "defense". Was that also like "fucking for Virginity”? I have met some people from Kosovo, and they certainly do not think so, naming their children after Bill Clinton and all... No, Carlin is an idiot here.

[-] 8oow3291d@feddit.dk 1 points 2 hours ago

It’s so ironic then that Biden was so criticized for the consequences of Trump’s agreements with the Taliban 💀

Trump was responsible for the vast majority of bad outcomes, yup. And the media did not reflect that.

[-] 8oow3291d@feddit.dk 5 points 2 hours ago* (last edited 2 hours ago)

From https://en.wikipedia.org/wiki/Mediaite :

The New York Times has described the site as "a blog that chronicles the gossipy media world"

So not the most credible source you could imagine. But on the other hand, Wikipedia doesn't list any examples of Mediaite being fake news. And in this case, Mediaite is just summarizing a CBS article - the CBS article should obviously have just been linked instead.

In any case, it seems to me that Trump has two options: 1) Give consessions to Iran to save the global oil market or 2) ground invasion. Since I can't imagine Trump surrendering, no matter how game theory rational it would be, I am expecting ground operations.

[-] 8oow3291d@feddit.dk 3 points 13 hours ago

But the oil price shock is going to hurt Trump electorally, and normal people's wallets, way worse than the Epstein files. So in a sense it is silly to say that the distraction is "working".

[-] 8oow3291d@feddit.dk 2 points 15 hours ago

selfishness

The wild thing is that thing would be so much better, if they were just capable of being rationally selfish. Like, don't elect a blatantly corrupt selfish billionaire to be President. Instead elect people who don't want tax cuts for the 1%.

[-] 8oow3291d@feddit.dk 2 points 15 hours ago

Ting som ville være objekter i et moderne sprog... Men som bare er tekststrenge i stedet. Som for eksempel stier og filer.

Et hovedproblem er jo netop at de rent teknisk ikke er objekter.

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8oow3291d

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