Blood in the financial streets this morning.
Saudi Arabia finding themselves with the opportunity to fuck with their rivals. Being able to extract oil more cheaply than almost anybody else is quite a bargaining chip in times like this.
Yeah - it's savage this morning.
My parents invested a significant amount of money only a couple of months ago. Down at least 7% already.
Luckily they have significant cash savings and other assets but I imagine a lot of people are not in the same boat.
To be fair, the Russians started it.
@Stonehedge started
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Blood in the financial streets this morning.
Saudi Arabia finding themselves with the opportunity to fuck with their rivals. Being able to extract oil more cheaply than almost anybody else is quite a bargaining chip in times like this.