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SWBTATTReg

(26,395 posts)
2. The 'great and mighty wizard of wall street' admitting to a mistake in his investing? Wow.
Fri May 8, 2020, 09:14 AM
May 2020

And Trump wanted fossil fuels as his baby, I guess it isn't going to happen if oil prices are at zero or less a barrel.

It's kind of ironic that oil, the bell weather item to have in one's investment portfolio, has sunk literally to such lows. Who would have ever thought oil would go below negative prices for a barrel of oil? Again, another item touched and blessed by rump (the fossil oil industry vs. solar/wind) taking a big hit.

At least rump dragged the Russians into this mess too, their economy relies far more on oil exports to the West for income, I wonder what they are going to do now? Perhaps also, the Russians might start re-evaluating their support and/or the propping up of rump so much? After all, everybody is winning!

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