Soooo, potentially today we might’ve stepped into a crisis.
We all know the impacts that Corina virus brought on economies. However today it was another hit worldwide and a lot of stocks already collapsing.
Yesterday Russia left their oil agreement with Saudis and of course Middle East didn’t wait too long to answer and already set up reserve funds that can go for 6-10 years in a crisis without making money. American oil market probably will suffer as now Saudi and Russia will start producing normal amounts of oil.
Is it the time to start panicking or not yet?