| second: From OilPrice.com: $150 Oil Could Tip World Economy Into Recession
Mar 31, 2026, 1:00 PM CDT
[go to link]
Thanks to Trump's war on Iran, economists have warned that activity will fall in the middle of the year if oil prices surge to $150 per barrel and remain there for a period of four months.
Oil prices continued to climb higher on Monday as the Brent Crude benchmark raced past the $116 per barrel mark amid mixed messages between the US, Israel and Iran on the state of the war.
Oxford Economics’ director of global macro research, Ben May, has predicted there would be a contraction in the US economy this year before a recovery in 2027.
Global inflation would also rise to 7.7 per cent this year. |
| THG: 'He's lied': Young MAGA voters sour on Trump's Iran war ahead of midterms |
| THG: Agreed SECOND, but I sense Jack is beginning to realize Trump is a moron. As for Signym, being Russian she loves Americas destruction. And her posts will change so she doesn't look so stupid, but her signature remains the same. |
| second: Trump’s social media account posted an AI-generated video of a future President Donald J. Trump Presidential Library. To triumphal music, the video features a gleaming skyscraper taller than any previous building in Miami. It contains the Boeing 747 the president pressured Qatar into giving him. The Reagan Presidential Library likewise has a plane in the lobby but it is the much smaller Boeing 707 that served as Air Force One. [go to link] |
| second: Trump is extraordinarily unlikely ever to do anything that will conflict with the wishes of Russia’s president Vladimir Putin. Trump has blockaded Cuba, strangling its energy sector by blocking off all oil tankers from the island. Although he has stopped Venezuelan and Mexican tankers, today he permitted a Russian-flagged tanker to get through the blockade to sell oil that will help fund Russia’s war against Ukraine.
Asked why he permitted that tanker through, Trump answered: “He loses one boatload of oil, that’s all it is. If he wants to do that, and if other countries want to do it, doesn’t bother me much.” World affairs journalist Frida Ghitis commented: “When Mexico tried to send oil to Cuba, Trump immediately threatened to impose crushing tariffs on it, or on any country that broke his blockade of the island. Now Russia is sending Cuba oil and Trump says it’s fine, no problem. The mystery continues.” [go to link] |
| second: Trump apparently had no plan B for what to do if the initial plan to strike Iran and knock out its leaders failed, and is now flailing. His repeated assurances that talks with Iran are making “great progress” contrast with Iran’s insistence it is not engaged in talks with the United States. Trump entered the war with vague promises of “regime change” and promises to guarantee Iran never developed a nuclear weapon but now is reduced to hoping for Iran to reopen the Strait of Hormuz, putting the U.S. in the odd position of fighting a war to achieve the conditions that existed before it started the war. [go to link] |
| second: THG wrote: "second, have you noticed how their posting habits have changed?" I've noticed that Signym posted about impatient disappointment with Trump: [go to link] Meanwhile, 6ixStringJack knows that Trump has a secret plan that will be revealed as the work of the greatest genius in history, but until then 6ix will patiently watch and wait. |
| THG: His priorities broke the world. And nobody looks stupider than Jack and comrade signym for backing Trump since day one, 2016. SECOND, have you noticed how their posting habits have changed? |
| second: He's got priorities! Showing reporters on Air Force One a series of poster-board images of his new ballroom last night, Trump told them: “I thought I’d do this now because it’s easier. I’m so busy that I don’t have time to do this. But, ah, I’m fighting wars and other things. But this is very important ’cause this is going to be with us for a long time and it’s going to be, I think it’ll be the greatest ballroom anywhere in the world.” [go to link] |
| second: The cost of Trump’s golf trips have reached a new tipping point. HuffPost reported that the country was on track to spend roughly $300 million dollars on Trump’s golf trips by the end of his second term. The President’s March 28th golf trip was the 110th day that Trump has spent on a golf course that he owns since his return to office, which means Trump has spent over a quarter of his time back in office golfing. Trump racked up only 293 days spent at his own golf courses during his first four years in office, which cost taxpayers merely $151.5 million dollars at the time, a very economical sum compared to what he is spending today. Obvious, golfing fees have exploded because of Trump inflation. [go to link] |
| THG: The cost of Trump’s golf trips have reached a new tipping point |
| second: Ron DeSantis signed a bill allowing Palm Beach International Airport to be renamed the President Donald J. Trump International Airport, formally rebranding the airport near Trump's Mar-a-Lago estate. Trump has pressed to get his name on all manner of American institutions, from the U.S. Institute of Peace and the Kennedy Center performing arts venue to U.S. currency because he is the greatest man in history. Ask him and he will confirm that. Also, the Trump Library will be the tallest, largest, most beautiful and expensive in the world. Donations for construction are coming in more and more, and larger and larger, from foreign countries and billionaires because Trump is Great, Blessed by God who envies Trump's Library. [go to link] |
6ixStringJack: Look what you did, Ted. You turned the Tags into the 24/7 TDS News Network.  |
| second: Trump’s Secret Wars on the World Keep Expanding. During his two terms in office, Trump has overseen armed interventions and military operations — including drone strikes, ground raids, proxy wars, 127e programs, and full-scale conflicts — in Afghanistan, Central African Republic, Cameroon, Ecuador, Egypt, Iran, Iraq, Kenya, Lebanon, Libya, Mali, Niger, Nigeria, North Korea, Pakistan, the Philippines, Somalia, Syria, Tunisia, Venezuela, Yemen, and an unspecified country in the Indo-Pacific region, as well as attacks on civilians in boats in the Caribbean Sea and Pacific Ocean. More than 6,500 U.S. Special Operations forces’ “operators and enablers” are currently deployed in more than 80 countries around the world. And during its second term, the Trump administration has also bullied Panama and threatened Canada, Colombia, Cuba, Greenland (perhaps also Iceland), and Mexico. [go to link] |
| second: War is testing an operating principle that has guided Trump for decades: construct a narrative, declare it to be true and relentlessly force the world to submit to it. “Let me say, we’ve won,” he told a rally in Kentucky on 11 March. “I think we’ve won,” he said on the White House south lawn on 20 March. “We’ve won this war. The war has been won,” he said in the Oval Office on 24 March. “We are winning so big,” he promised a fundraising dinner on 25 March. Donald Trump keeps declaring victory in Iran. But saying it over and over does not make it so. While the US president insists that his military campaign in the Middle East is a historic success, the world is bracing for a conflict that continues to metastasize and could wreak havoc on the global economy. [go to link] |
| second: Binance “seems like they are just giving away free money,” and that the company’s enrichment of the Trumps, through World Liberty, looked like “a very blatant quid pro quo” for the President’s pardoning of Binance’s founder, Changpeng Zhao, known as C.Z. [go to link] |
| THG:
Trump lets Russia violate Cuba oil blockade; |
| THG: TRUMP FLUSHES ECONOMY DOWN A GOLD TOILET
|
| second: Trump’s Profiteering Hits $4 Billion [go to link] Trump promised that he and his family would never do anything that might even be “perceived to be exploitive of office of the Presidency.” Very True! The Trumps must have earned those $billions with diligence and hard work. |
| second: Before his car crash on March 27th, Tiger Woods had been banned from driving President Trump’s grand kids around by the Secret Service. “I don’t want to talk about it,” said Trump. I thought no subject was too intimate and private for Trump to pontificate on. Praise the Lord for small mercies! [go to link] |