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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (1380926)	11/23/2022 8:29:35 PM
From: Wharf Rat	Read Replies (1) of 1576348

I almost posted it this morning. Not Just Another Recession: Why the Global Economy May Never Be the Same (foreignaffairs.com) It doesn't mention Brandon. What's up with that? == *"The first transformational trend, El-Erian says, is the shift from insufficient demand to insufficient supply."* peakoilbarrel.com == ‘The world should be worried’: Saudi Aramco — the world’s largest oil producer — has issued a dire warning over ‘extremely low’ capacity. The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that still relies heavily on fossil fuels. “Today there is spare capacity that is extremely low,” Saudi Aramco CEO Amin Nasser says at a conference in London. “If China opens up, [the] economy starts improving or the aviation industry starts asking for more jet fuel, you will erode this spare capacity.” Nasser warns that oil prices could quickly spike — again. “When you erode that spare capacity the world should be worried. There will be no space for any hiccup — any interruption, any unforeseen events anywhere around the world.”

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