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tsoukasetoday at 8:33 PM1 replyview on HN

Their whole investment castle is built on sand (pun intended) and when oil even remotely starts to fade out as a commodity, it will crumble instantly. Panic will ensue and corruption will be rampant in order to continue the lavish consumerism. Everything will be sold for pennies. The difficult thing is not to make money once, it's to keep them afterwards.


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winter_bluetoday at 9:45 PM

A sovereign wealth fund with over $1 trillion USD (so with over $1 million per Emirati citizen) which invests heavily in U.S. equities will be sold for pennies?

So U.S. equities will be sold for pennies?

Are you predicting a U.S. stock market crash bigger than the Great Depression, when oil runs out?

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