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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

TSX:VRN - Post Discussion

Veren Inc > Larry Summers Prediction
View:
Post by Dogsbreakfast4U on May 16, 2022 12:42pm

Larry Summers Prediction

Larry Summers a good old Harvard democrat economist has stated in a number of interviews that inflation during the Johnson and Carter mandates led to the election of Nixon and Reagan. He is concerned that history might repeat itself in the next presidential election and upcoming mid terms. He has also stated that inflation will remain a major problem unless the Fed acts aggressively or there is an "accident". As we know the Fed is way behind the curve and whatever they do will take quite while to affect real inflation. On the other hand, if we follow his logic the "accident" he refers to, whitout specifying its precise nature, may tame inflation more quickly (not unlike the plandemic) which in turn may help the democrats remain in charge in the Whitehouse and Congress. I place my bets on the fact we will have an "accident" before the midterms. I have already alluded to what that "accident" might be. Something, according to the WEF, will have a much more detrimental impact on the world economy than the cerveza virus.
Comment by Anschutz on May 16, 2022 1:14pm
I agree. Greater likelihood something happens that will be used as an excuse by Biden/democrats/corrupt republicans to suspend the mid terms.
Comment by ol_griz on May 16, 2022 1:58pm
Good grief.  You two are not good for each other.  Take a break!
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