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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: albaby1 SILVER
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Number: of 210 
Subject: Re: The downside of "peace"
Date: 06/19/26 9:05 PM
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He has no problem imposing high tariffs, so Proles need to pay more for a wide range of products. Why should he exempt fuel from the Prole money extraction project?

Difference of degree. If the Strait stays closed until worldwide oil and gas inventories collapse, and you start disrupting global microchip production, you end up causing a massive energy crisis. You end up precipitating a second Great Recession. It's absolutely contrary to Trump's interest to have that happen. Which is why he folded.

Joe Kent can spin it all he wants, and maybe the Administration will be successful in persuading some portion of the population to believe that this wasn't a terrible outcome. But none of that would then make it in Trump's interest to close the Strait again, or to drive up oil prices again. This isn't a feint until the election is over.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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