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14 days ago… COVID wasn’t even that long ago? Is everyone’s memory really that bad?!?
Edit: guess they’re talking about the oil markets in isolation. But I still would want numbers, COVID was probably a larger shock, just in the other direction.


Agree on most of this.
I’d emphasize that while “we” (the USA) didn’t diversify, many others have. China keeps looking like it’s coming away a winner from all of trump’s missteps. They’re already a leader in battery and solar; benefiting from having ramped up renewables so much; and while the US is distracted in the Middle East can probably get away some shenanigans in their part of the world with far less blowback than would have happened a year or two ago.
Republican policies would be comically self-defeating… except it’s hard to laugh when they make so many people worse off :(
And somehow their own failures don’t lead to their defeat at the polls, I still struggle coming to terms with that.