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Comment by csomar

> TL: DR - Oil prices are not that important

50% is not very important if you are a software engineer in your average developed country.

50% is more than enough to wreck many countries and get them into chaos. Some countries will see their population go on strike full-retard for 5-10% price increases. Some governments will default because they are subsidizing oil and a 50% increase will wreck their budget.

Such an increase will also cause food prices to skyrocket and some people in some places won't be able to afford food.

parent csomar 7 years ago

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