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10nisman

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10nisman

Re: santafe2 post# 99364

Saturday, 03/12/2022 3:32:09 PM

Saturday, March 12, 2022 3:32:09 PM

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Attached is a chart, (from John Mauldin), that makes a point I've been making for 20 years. Exceptionally high energy prices trigger recessions.

When was the last time oil prices actually triggered a recession? Dot.com crash / Sept 11th = Nope, Great Recession = Nope, COVID = Nope

To think oil prices will trigger the next or any future recessions is comical unless of course you think oil prices are headed to multiples ($250+) of the current price and will remain at those levels for extended periods of time.
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