r/WallStreetbetsELITE 1d ago

Loss Fuck. We are doomed

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670 Upvotes

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u/mhteeser 1d ago

We are just along for the ride at this point we see how this plays out in 6 months. At this point I am more worried about opec increasing production and oil prices sliding..it will get to point USA oil producers will stop because of it not being profitable or able to export oil do to tariffs. At that time we have to import more with the import tariffs it will be great. It will make it look like the tariffs are working when he just destroyed usa oil production.

3

u/Daxnu 1d ago

America has been enjoying super cheap gas for years. Gas in the EU is double what you pay. It's why we like the not super big ugly gas hogs. If gas was cheap we would buy monster trucks too

3

u/SaiKaiser 1d ago

Great time to not drive much and have a fuel efficient car

1

u/Dominiczkie 1d ago

A bit off topic but we don't buy the giant gas hogs because there's nowhere to park them (god bless Europe)

1

u/LeadingAd6025 22h ago

No mate! It is public transport vs no public transportÂ