BBC: Oil at $150 will trigger global recession, says boss of financial giant BlackRock

https://www.bbc.com/news/articles/c9wqrdkx8ppo

#trumpcession #IranWar #oil

We need more plumbers and fewer lawyers in AI age, says BlackRock boss

Larry Fink also warns if oil prices stay high for a sustained period it will have "profound implications" for the world economy.

@ai6yr 150??? Way way before that I think.

Gas at Costco was 5.29 a gallon today in Sunnyvale. California

I think at 125 things will grind to a halt. people will stop traveling unless necessary and most will hunker down financially and stop most discretionary spending. Living with durable goods for longer and longer etc. No spending means the economy will start to grind to a halt

It is almost as if his goal is a recession or depression. Are we missing a larger goal here?

@cvvhrn @ai6yr
Market manipulation. Possibly destabilization for other purposes as well.