
MacroVoices #320 Mike Green: Investment Strategies for World War III
Macro Voices
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Oil Stable at a Hundred Dollars Is Far Less Damageful Than Oil That Vacillates Wildly Between 50 and 100 Dollars
The world is just becoming more fragile at the same time that we rely more on that next incremental barrel. And exactly like dirt rare earths, most resources come from places in the world where people don't really want to live. I would be willing to strongly hypothesize that oil stable at a hundred dollars is actually far less damaging than oil that vacillates wildly between 50 and a hundred and 50 dollars.
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