The Stock Market is melting down and it has only just started
As Gregory Mannarino indicates it is all linked to the virus. At least that is what they want you to think while they rob you. However, Russia is also putting the boot in by not cutting oil production. Prices are being driven down.
“The Kremlin has decided to sacrifice OPEC, stop U.S. shale producers and punish the U.S. for messing with Nord Stream 2.”https://t.co/iWqhmav02a— Henry Makow (@HenryMakow) March 7, 2020
Russia refuses to bend to Saudi wish for output cuts https://t.co/E1WDdQRXzW— Henry Makow (@HenryMakow) March 7, 2020
Russia’s costs are close to $20 per barrel break-even point; Saudis need something closer to $85 per barrel.— Henry Makow (@HenryMakow) March 7, 2020
Russia just told the world “No”, it will not cut production to save them.https://t.co/g1RkFWrQ5Q