logoalt Hacker News

Jenssonyesterday at 6:40 PM3 repliesview on HN

But this stalemate benefits US corporations by raising the price for oil, so its not really hurting the attacker. In order to hurt a plutocracy like USA you need to hurt the American stock market but American stocks are doing great.


Replies

runsWphotonstoday at 2:14 AM

It benefits a few corporations in the short term but not America in general. And if the oil prices rise and stay high, there will be demand destruction. US sits on top of the capital food chain and will be hurt.

sreanyesterday at 6:44 PM

That's true. Both USA and Russia should be quite happy with the current state of affairs. China not so much.

Rest of the world is quite pissed with USA. But that's just emotion. Unless it gets realised into something concrete it matters little.

yongjikyesterday at 7:53 PM

Trump is at -20% net approval and it's steadily getting worse even now. Seems like most Americans don't decide whether things are going great by looking at S&P 500.

show 1 reply