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PaulHouleyesterday at 12:24 AM1 replyview on HN

This analysis is about the oil industry, what's true about the oil industry may or not be true about some other industry.


Replies

osigurdsonyesterday at 1:43 AM

Other industries don't have the same boom bust cycle. You could argue that tech does, but there it is always a different tech each time that is driving it. Without O/G it is always the same basic reason behind it - a massive time lag between demand changes and supply responses.