Demand destruction and economic fragmentation are the most likely outcomes. That is the correct framework.
Can the global economy can survive the spike without triggering a cascade of defaults, policy errors, and de-globalization that permanently then lowers the oil price ceiling for years to come. A market where people could buy oil products if they had money. Which they do not as it has been all vacuumed to the top.
Your criticism of Berman is accusation without substance. You have found no fault with his argument. It appears your dislike of him seems personal. Are you jealous? You have not refuted the structural bull market critique, you only offers a reason to ignore the person making it. But you do it without any bonafides of your own. Making your criticism worthless.
Engage with the actual argument. That a wartime spike in a debt-saturated economy will destroy demand before supply can respond. Or admit you have nothing to add.
Iran War Oil Issues
Started by K-Dog Mar 31, 2026, 08:13 PM
Message path : / Planetary Material Conditions / Peak oil / Iran War Oil Issues #24
Selected path :