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Below the local volatility of Brent crude the floor has been rising relentlessly. Since we moved into the Phony War phase in early May:
100 - May 5-9
103 - May 10-12
106 - May 13-16
109 - May 17-Present
We are now at 111.
I wonder how much every 3 points damages the global economy...
This one makes sense. 3M knows the next sane administration is going to undo this and we are going to put in safeguards so a nutbar president and pet rock Congress can never do it again.
My god this ought to inspire a Progressive Era-like revolution to restore legislative power and neuter the...
The Black Death was indeed the best thing that happened for workers before unionization and socialism. It completely upended the buyer/seller market for services. Enough so that the rich made free market negotiation for labor illegal, and the church declared it a mortal sin.
Funny how nothing...
I learned an interesting thing tonight.
You know how in Latin you are allowed to move the verb to the end for poetic or aesthetic reasons? So you wind up with "Achilles to the store fast runs"? In Ancient Greek there's something called the "movable nu." It's the same thing, but for a letter...
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