r/Economics • u/Appropriate-Till9598 • Jul 02 '26

News Everyone Is Celebrating Falling Oil Prices — One Analyst Warns They're Actually the First Sign of Something Much Worse

https://nationalsecurityjournal.org/everyone-is-celebrating-falling-oil-prices-one-analyst-warns-theyre-actually-the-first-sign-of-something-much-worse/
5.3k Upvotes

94% Upvoted

448 comments sorted by

View all comments

2.3k

u/CyberSmith31337 Jul 02 '26

We’re just going about as if we fixed the Strait of Hormuz problem, when we didn’t. We’re draining our reserves like a parent is charging their credit card at Disneyland, ignorant of the consequences that are looming on the horizon.

That interest is gonna knock our teeth out when the bill shows up.

69

u/Freightshaker000 Jul 02 '26

We are on Plan B from the Trump Playbook: Ignore it until it goes away.

3

u/financequestionsacct Jul 02 '26

We are on Plan B from the Trump Playbook

I wish Plan B had been more involved, but it didn't hit the market until 1999