this post was submitted on 17 Jun 2026
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[–] wheezy@lemmy.ml 4 points 2 days ago

It's interesting to see oil drop AND the markets drop leading up to this deal.

Oil dropping is expected but it's drop is so much in comparison to the peak. Prices have remained relatively low in comparison to the extreme risk this conflict has created. It's like every country is dumping it's reserves to keep the oil prices low and the markets rising. Only to have the market drop as oil drops.

It's impossible to predict. But with this deal likely to be meaningless and fail to result in any long term peace; and with the absolute scam that the SpaceX stock is right now with 401ks. It feels like the "dump" is starting.

We'll see. This irrational market could last years longer. But, even with half the market just being based on Trump tweets and insider trades, that can only last so long. At some point the spending of public resources to prop up markets and record profits runs dry. And at that point there are only two things to do. Change to a war economy and find someone to invade that you can bully (likely not Iran) while you place economic blame on already oppressed minorities within the US.

Shits gonna get worse before it gets better. We might be there now. Or we might keep up the charade a bit longer.