3min chapter

What Goes Up cover image

New Risk: Self-Fulfilling Recession Calls

What Goes Up

CHAPTER

The European Union Sanctioned Russian Oil Back in Early June

The european union sanctioned russian oil back in early june, by the way. That's why gas prices prices, when sky wartin. But what happens if they actually stop buying the oil, or the russians turn it off? Oil prices will go right back up again. And that do you know, oecrate, o opar. Or what if the rRussians turn off that natural gas? You know, that would send the european economy deeply in recession. So i do worry about that. There's there's la worryed about with refining capacity. We just don't have running at a hundred%.

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