Price per barrel going below $75 and the global economy will plunge into the most devastating depression in History. When ppb dumps your gunna wish you hadn’t bought that Tesla. The global economy is a snail right now and Powpow got the Morton’s Salt in hand.
View Reddit by vlow_afterhours – View Source
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Give me what you’re smoking please sir
It’s less than 2 dollars away from hitting 100 per barrel on Brent, what are you on about lmao? 
Post a profile pic and then I’ll see if you’re worth trusting. This has “I live in my moms basement” written all over it
Price of oil decreasing is overall positive for consumption and thus the economy
Really the only countries this would impact negatively are ones who’s main export is oil.
Oil crashing doesn’t cause an economic depression. An economic depression causes oil to come down.
Lmao where were you when oil was negative in May 2020? Get fucked regard.
Isn’t that good? Why would oil prices dropping be bad?
Positions or ban
>You’re right, the global economy is in a bad place right now and things could definitely get worse. However, I’m not sure if oil prices plunging below $75 per barrel would be enough to trigger the most devastating depression in history. It would certainly be a major event, but there are other factors at play that could cushion the blow somewhat.
RemindMe! 10 days
Don’t get me wrong. It will fall but that’s when we declare the recession. Oil always shoots for the sky before a actual recession is declared. Unemployment going sky high is the time to add your shorts/puts
Never been out of work and been working through dotcom, housing, covid and will be working through the next crash. And just got a 20% pay rise
Crashes are the best as there is always someone buying out someone else. M&A projects are the best. Fast paced and good money.
Even when oil went to zero a few years ago it was still $4 per gallon at CA pumps. Meanwhile the last 2 years of charging my car off the solar that came on my houser has been free.
Which month to short?
Ooooh, oil below $75. Scary stuff.
OP is highly regarded
I like how Bears are now threatening $75 oil. Oh no. Not $75 oil, how will E&Ps ever make money on $75 oil.