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VisualMod t1_jdxbjx4 wrote

>The Chinese economy is definitely a big question mark, but I think the Western economies are in for a bit of trouble regardless. If interest rates rise too much, it could cause problems for borrowers and send shockwaves through the financial system. Alternatively, if there's more turmoil in the banking sector, that could also lead to a decrease in demand for oil. So either way, I think oil prices are likely to come down over the next year or so.

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VisualMod t1_jdxbj7s wrote

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DYTTIGAF t1_jdxlvz6 wrote

Yep. Demand destruction due to price and usage declines. We are now entering a recessionary cycle that is going to run 5 years.

Time to make coin on the downside.

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vinyl1earthlink t1_jdxmvxc wrote

If you really know what is going to happen in the future, then you can just trade oil futures and get rich.

But the truth is, no one knows whether oil prices will go up or down over the next 9 months. That's why there is an investor on each side of all the options.

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[deleted] OP t1_jdxmxji wrote

[deleted]

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bumblebrah_ t1_jdyh4d8 wrote

Hey man, I’m looking to get my bride watch and transfer to a marine career and hopefully work on tugs in the Fraser. Do you have any tips for foot in the door?

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VisualMod t1_jdxnh2v wrote

#Submission Vote Removed This submission was voted spam. ##Reasons

Wasn't a Solid Discussion Starter

Hi I'm new what do I do?

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