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Re: bbotcs post# 100503

Wednesday, 09/07/2022 11:59:44 AM

Wednesday, September 07, 2022 11:59:44 AM

Post# of 114655
Yep, Europe could be in real trouble with cascading defaults coming throughout the financial system. Of course, it's always tough to know how much of this media stuff you can believe, but it certainly doesn't look good.

Perhaps the biggest thing that has to have one scratching one's head is everyone knows that winter is coming, this is not a surprise, and yet oil and natgas continue to decline. Lots of predictions of $200-$300 oil, but with winter coming shortly, both continue to fall in price. Those prices could still happen, I don't know, but who knows how much of the runup was speculation, false narrative, bogus new stories, etc, and how much is real. Seems like the markets are predicting massive demand destruction.

Since most of them are infiltrated with WEF lackeys, I could foresee European govts nationalizing all energy companies if things got really bad. And they seem to be getting bad by design.

We'll see what happens.
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