The oil scam

I do not claim to understand the “market” even though I have some investments. But I am curious how the manipulation of the oil market by “investors”  around the world can suddenly drive the last decade’s over-inflated prices for oil down so quickly. Some people somewhere are making massive profits off of this while gov’t try to make up revenue shortfalls so they can maintain services to the rest of us. But wait, neo-liberal gov’ts are not about maintaining services to the majority; they are about providing an environment for “investors” to do the very thing that investors are doing right now while convincing us that low taxes are the only way to go. We are so screwed and we only have ourselves to blame.

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About flexosaurus

I am an anthropologist and Associate Professor who loves to play guitar and comment on social injustice in whatever form it may take
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