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Notes -
Is anyone else starting to freak out about the whole Hormuz situation? 13% of the world's oil, 22% of global LNG and a sizeable chunk of fertilizers is blocked. That means 13% fewer big machines running. That is a major decrease in the global economy. Yet markets seem surprisingly stable and people don't seem to be freaking out despite the impending cliff.
Is Trump actually crazy enough to cause a major crash in the global economy or is he willing to admit defeat and pull out? How bad will this crisis actually get?
Not really. I got most of my feeling awful out of the way in the first few days, when we were bragging about lethality vs. schoolgirls. Now I just feel numb and annoyed.
Maybe if the economy implodes, I’ll have a better chance at finding a house.
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