oliveoil [none/use name]

  • 5 Posts
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Joined 3 months ago
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Cake day: January 7th, 2026

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  • Correct. But it’s even worse than that.

    It accelerates electrification of industry, EVs, maybe even electrification of ships and planes.

    The strain on US oil industry to sustain higher production will lead to more accidents and failures.

    The US oil reserves were not filled, as they insanely believed that this would be a short war. These are set to run out soon.

    The world’s consumers were have less disposable income to spend, and the rich will try to buy up assets to preserve wealth. Asset buy-up is not the same as economic activity. Two dudes swapping a stock between them doesn’t do anything for consumption.

    The US failed to reindustrialize with tariffs and strongarming. Case in point, the Hyundai plant where ICE rounded up all of the engineers who were building it and who were meant to train local Americans.

    The US is experiencing a brain drain, as the people most capable of reindustrializing America leave the instability and chaos the US is causing to try to retain empire.

    There is so much to why the US is failing.

    The fossil fuel CEOs saw the writing on the wall, and they would love to have a few great years to replace the slow decline and death that was awaiting them. So capital gets their profit rates back. US citizens pay the bill for the destruction.