RE: RE: Oil1 May 2018 10:01
MP, my thoughts are re. inflation and other economical affects :
''In the event of war, markets may lose about 20 percent of the world supply. First of all, of course, the largest importers will be affected. These include the US, China, Japan, as well as the eurozone, in fact, the main locomotives of the world economy,''
and
''Even a temporary drop of market share will mean that other players like the US will take their place. And they will not be able to get their market share back. Therefore, if such a conflict does happen, both Saudi Arabia and Iran will do everything possible to continue producing and supplying as much as possible,''
and
''At the time of relatively low growth rates, a significant jump in inflation will lead to the impoverishment of a large part of the world population,''
etc......;)