A few weeks ago, the US bank JP Morgan offered an apocalyptic warning that barely made a ripple outside the financial press. It said that if Russia completely halted oil exports, the shock to the world economy could be so large it would instantly quadruple the price of oil to nearly $400 a barrel. - Upgoat - "what's upgoat?"

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A few weeks ago, the US bank JP Morgan offered an apocalyptic warning that barely made a ripple outside the financial press. It said that if Russia completely halted oil exports, the shock to the world economy could be so large it would instantly quadruple the price of oil to nearly $400 a barrel.
submitted by paul_neri to world 2.8 yearsJul 18, 2022 03:38:55 ago (+24/-1) (world)

21 comments block

paul_neri 0 points 2.8 years ago

True but even trolls post worthwhile stuff! Be more analytical.