AbsolutelyAutistic
u/AbsolutelyAutistic
In case you missed it: the UK is now under mandatory lock down
theguardian.com/politics/live/2020/mar/23/uk-...So it's Friday night, you just got your paycheck and you take it to Western Union to cash it immediately. You head off to the casino as soon as the night-bus arrives and you see the roulette is already packed and full of action, you can't wait to try your new double-or-bust system, especially since this particular wheel has no green slots; it's 50/50 and no house edge!
You see another set of people off to the side of the table with a big LED screen and a way of betting on "future" balls thrown on to the wheel. Interestingly, this board seems to correlate with the chance of a color coming in based on the previous rolls.
Previous 5 rolls: Red, Black, Red, Red, Black
Next Roll: 60% Black
Yo
Essentially, he is going to use the U.S. economy to bring the price of Oil back up to $40, where it needs to be for the U.S. oil industry to survive.
The oil crisis is effectively over with this motion. Be advised that the market tanked A LOT this week based on the oil crisis, and instead of negotiating, Trump is using all of his executive power to snuff out the competition.
The market is going to fluctuate still, and eventually settle in to a bear, but my gut feeling is Thursday was the temporary bottom.
Monday is most likely Green.
Basically they're not doing shit.
https://home.treasury.gov/news/press-releases/sm927#.Xl5OpmGbM1F.twitter
U.S. Treasury Secretary Steven T. Mnuchin and Federal Reserve Chair Jerome H. Powell led a call with the G7 Finance Ministers and Central Bank Governors to discuss the coronavirus disease 2019. At the conclusion of their meeting, they issued the following joint statement:
Washington – “We, G7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (COVID-19) and its impact on markets and economic conditions.
Given the potential impacts of COVID-19 on global growth, we reaffirm our commitment to use all appropriate policy
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