Spigots Off News Today : Breaking News, Live Updates & Top Stories | Vimarsana

They are burning wood and shoveling coal for heaven sakes. here's a weird thing. jamie dimon is bearish on the economy. none of this had to happen. none of this had to happen. if we had kept the spigots open, oil and gas production. permitting an fracking and pipelining and the new refineries. if we had kept that open the way trump kept it open, we'd be producing 14, 15 million barrels a day, natural gas would be soaring. lng experts would be soaring. the price of oil would be 40 to $50-barrel. vladimir putin cannot operate his crazy wars at 40 to $50 a barrel. when they get to 100, that's dif...

Fed pouring all this cheap money into the market, but if they ever do the right thing and turn those spigots off, the market's going to come crashing back down. >> how far down do you think it would come crashing, back to where we started the year at, 13,000? >> we will go a lot lower than that if the fed moves away the monetary props. the problem for the economy is what the fed is doing to goose the stock market and the housing market is actually hurting the real economy. it's preventing it from restructuring in a positive way that would produce genuine economic growth and prosperity that wou...