Joined November 2016
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I was gonna ask for the same. With a y axis starting at 3,400 and x-axis going back to only 2021 this chart doesn't really offer much of a historical perspective. Respect Eric's work but this chart is flawed
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Replying to @UrbanKaoboy
Oil is up on Basra port spill news (3+ mmbls/d) but oil equities are locking through this a short term disruption and looking more at FedEx talk of Global slowdown
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What are you both's thoughts on positing. I see the BofA chart with extreme negative sentiment and lots of money on the sidelines. Do you think that would prevent further downside for the time being?
I disagree sir. That is the impression Americans have because North America is shielded from these conflicts in RoW. ME is a bigger mess than it has ever been. From Somalia to Libya it is an even bigger mess thanks to instability US triggered in Libya and Syria...
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I am a fellow Texan and I am all for a strong US. But US foreign policy of last 20 yrs has been an unmitigated disaster. I hate Putin for Ukraine war but I ask myself what would I do if my enemy keeps buying up houses around me and start pointing guns at me from all those houses?
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Lol this is the 'American version' of history I tweeted about in my responses. Just because there is no great power conflict doesn't mean that world is peaceful. There are plenty of conflicts worldwide affecting populations far bigger than population of US and EU combined
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..that is destabilizing EU because of enormous refugee flows. Now Ukraine conflict. As much as US demonizes Putin (he is a bad man)..Putin has been warning since 2008 against NATO expansion. US pushed that agenda and now Ukraine is paying the price.
Defense cooperation is in everyone's benefit. Interoperability of militaries, learning from each other helps everyone involved. Cooperation is different from a military alliance and completely different from being a US lackey begging for protection.
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It is an 'every country on its own world'. A significant % of Indian population still lives in poverty. Access to cheap energy is key to lift those people out of poverty. Sacrifice that goal for a potential security guarantee from a highly unreliable partner? Nah brother
Americans need to stop fantasizing about US being a benevolent world power. That last time US made a military intervention that benefitted the world in long run was the allied landing in Normandy. Every single US intervention after that was a disaster for the world
Also, US made the security situation in India's neighborhood much worse that before. Afghanistan once again becoming a training pad for Pakistan based terrorists. Instability across ME..thanks to Iraq war, interventions in Libya and Syria where millions of Indians used to work.
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The Era of US security guarantees are over sir. No sensible nation counts on that after botched Afghanistan withdrawal, emergence of ISIS due quick withdrawal from Iraq. Now Ukraine and EU are paying the price for trusting the US.
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On a similar token I would say US benefits from Indian navy's anti-piracy operations in the Arabian sea (most # of hijacking attempts foiled by any navy). if anything the possibility of a conflict with India forces China to divert more troops to the Himalayas
Another ignorant tweet. India doesn't rely on US security umbrella. Infact India started buying Russian weapons only because US started arming India's arch foe Pakistan, a state sponsor or terrorism and defacto backer of Taliban. Take your security umbrella and run!
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A few minutes spent googling would have made him realize that India is not like Taiwan, Japan or NATO countries relying on US military to defend themselves. Instead he decides to showcase his ignorance. With citizens like these no wonder US is a declining super power.
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No wonder US is a declining great power.. It is filled with ignoramuses like you these days. Quad is a not a security alliance like Nato. India doesn't host any US troops nor it will ever. Quad was US' idea to contain a rising China..not something India begged US to create
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Another woke comment. How about our leaders should be leading by example and picture that image next to "health". It is like appointing a person who deliberately chose to be illiterate as your education minister.
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Replying to @JellySauceCans
I too have lost my life savings in gambles! Key is to avoid those circumstances again. I feel like we are going into an economic catastrophe. Great fundamentals in energy but I am on the sidelines until Fed panics and at least pause QT/rate hikes in response to worsening economy
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