Athabasca Oil Corp T.ATH

RE:I had a feeling taht $95 was the limit

[Moneyloop]

I agree totally ! 
The question is ? what kind of recession.( MILD,MEDIUM OR STRONG )....
 
On a final note... I don't think the pain will be like 20's.The reason is that there's more money in the ecosystem.Resulting, more reach people then the 20's ..... 

Nevertheless,some will feel the pinch of he 20's. 

numb3r wrote: with oil declining over the past couple weeks we were do for a rally higher but how long will it last before reality sets in that demand is softening and a economic slowdown is in our sights. Already the US housing market is hurting because of interest hikes and rental units are climbing in cost. If new home purchases start to decline that will affect millions in the labor force from tradesmen to employees who work at factories that manufacture toilets which will be used to flush our money down when oil starts its trend back down. This rally hasnt convinced me that times are bullish but we'll head back down to the $80 oil once again. Everywhere you look in the world there are bad times hurting hundreds of millions of people who cant afford daily necessities because of global inflation and it has been times like these that have happened before recessions, theres no stopping it now the wheels are in motion. The roaring 20's are heading for a crash once people start defaulting on loans because payments are too high because of interest you'll be paying intrest on little on principle. They say history repeats itself so the roaring 20's seem fit in 2022.