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In The Space Of 15 Minutes, Trump Tweets Support For Less Expensive Gas, More Expensive Cars
On Friday morning, in my daily column for Dealbreaker, I suggested that making sense of Donald Trump's trade "strategy" is probably an exercise in futility at this point.
That's because either i) he's playing some kind of complex game of three-dimensional chess that the rest of us don't understand, or (far) more likely, ii) his "strategy" doesn't make any fucking sense.
BofAML seems to think the latter is the case:
https://twitter.com/heisenbergrpt/status/1010126182984093699
This week has be
And yet oil spiked to over $68/barrel.
What the fuck is going on here. I thought a cartel was a cartel. Why haven’t past presidents made the same demands. This smells of international corruption. BTW, Trump can go fuck himself.
Because the regimes in SA and its allies are getting a lot of military aide from this admin and they want us to do their dirty work for them vis a vis Iran. It makes sense to give a little lip service and in return get billions back in military aide and a favorable geopolitical tac, which you can’t put a price tag on.
As was pointed out in this post, this won’t have a long-term effect on oil prices. It will however buy political good will which is what this move was about.
That’s what you get if you follow that troll.
Here’s a good (non-troll) tweet I saw recently:
“Twitter is haeven to those who tweet and hell who those who follow them.”
They don’t teach you that at Harvard.