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The Water Cooler
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2024 economic outlook
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<blockquote data-quote="undeg01" data-source="post: 4184693" data-attributes="member: 26476"><p>It is going down now because we are coming into an election year. The general public has a short memory so as long as prices are down as election nears, many will think Biden is doing a good job. For those who are more in touch with reality, you have to look at how they drove those prices down.</p><p></p><p>What Biden is doing is draining our oil reserves to drive the prices down. A month ago, our reserves were at around 40%, the lowest they have been since they were created coming out of the crisis of the 70’s. Someone mentioned bubbles bursting…well wait until we no longer have enough reserves for the demand. Fuel prices will skyrocket beyond any level we have ever seen before, which in turn will drive the Dem’s agenda for electric everything. When the infrastructure cannot support that kind of demand for electricity, what do you think is going to happen? </p><p></p><p>Yep, the worst is yet to come. Might not be in 2024, but at some point everything is going to come crashing down.</p></blockquote><p></p>
[QUOTE="undeg01, post: 4184693, member: 26476"] It is going down now because we are coming into an election year. The general public has a short memory so as long as prices are down as election nears, many will think Biden is doing a good job. For those who are more in touch with reality, you have to look at how they drove those prices down. What Biden is doing is draining our oil reserves to drive the prices down. A month ago, our reserves were at around 40%, the lowest they have been since they were created coming out of the crisis of the 70’s. Someone mentioned bubbles bursting…well wait until we no longer have enough reserves for the demand. Fuel prices will skyrocket beyond any level we have ever seen before, which in turn will drive the Dem’s agenda for electric everything. When the infrastructure cannot support that kind of demand for electricity, what do you think is going to happen? Yep, the worst is yet to come. Might not be in 2024, but at some point everything is going to come crashing down. [/QUOTE]
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