Elon Musk, in a discussion on the X platform, said the U.S. could be "sleepwalking into World War III" by pushing China and Russia together.
https://globelynews.com/world/elon-musk-warns-of-world-war-iii-risk/
Billionaire Elon Musk warned that the United States is “sleepwalking into World War III” in a Spaces discussion this afternoon on the X platform, formerly known as Twitter. Musk claimed that “civilization itself may be at stake.”
The outspoken Musk said that a U.S. policy priority ought to be “avoiding World War 3” and not letting a situation emerge with “a regional conflict rapidly becoming a global conflict.”
The Tesla owner’s comments centered on the potential for a hard alignment between China and Russia, which he said would be disastrous for the U.S. Musk claimed that “U.S. policy has been forcing Russia to ally with Iran and China.” He said that Russia, with its abundance in raw materials, and China, with its phenomenal industrial capacity” are a formidable combination.
Musk called on the U.S. to “figure out” a way toward peace in Ukraine and “resume normal relations with Russia.
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We should note that the mainstream media isn't picking this up right away. Maybe later today?
Regardless, this is what I've been saying since last year and sadly, every event is drawing us closer and closer.
US China relations
12 responses |
Started by metmike - Sept. 15, 2023, 10:35 p.m.
https://www.marketforum.com/forum/topic/99009/
War in Ukraine drags on 9-3-23
52 responses |
Started by metmike - Sept. 3, 2023, 11:07 p.m.
https://www.marketforum.com/forum/topic/98691/
Nuclear War
43 responses |
Started by metmike - July 30, 2023, 7:50 a.m.
https://www.marketforum.com/forum/topic/97707/
Biden's speech 10-19-23
7 responses |
Started by metmike - Oct. 19, 2023, 8:32 p.m.
An interesting measure to gauge SHORT TERM risk to the situation in the Middle East that I've been using is the price of crude oil.
It's not perfect but on days when the news is much more volatile, crude usually moves up strongly based on speculation, of course.
Crude is -$2 at the moment, so I'll assume that's a good sign and indicates, at the very least no escalation today.
What will happen when news is impacting the price of a commodity, is a massive price spike up or down on the release of that news.
It's usually a 1 time event for most news releases. However, this one is ongoing.
You can see several price spikes higher on the monthly graph below. However, we're going DOWN now. This suggests that speculative crude traders that are staying on top of the news more than the rest of us are feeling safer from escalation............at the moment compared to yesterday's mentality.
There are several other factors, like if demand is plunging or supply news that I don't know about, so this indicator is far from perfect.
We're actually a bit below the gap higher on Sunday Night, Oct 8, after the horrific Hamas attack, which is a wonderful sign of some sort of potential positive progress that we are not aware of yet.
If we close decisively below $82 it's very bearish for crude and very bearish for a war in the Middle East.
We should note that crude had topped and was in a downtrend BEFORE the attack and could be resuming that downtrend because of shrinking demand and negative seasonals.
https://tradingeconomics.com/commodity/crude-oil
MIKE ~ "Crude is -$2 at the moment, so I'll assume that's a good sign and indicates, at the very least no escalation today."
EITHER THAT, OR.... THEY'RE PRETTY CONFIDENT THERE WILL BE ESCALATION & THEY'RE PUSHIN' IT LOWER, SO THEY CAN BUY IT & MAKE GAZILLONS MORE $$$$$$