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Ian Verrender

πŸ‘€ Speaker
1817 total appearances
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Appearances Over Time

Podcast Appearances

ABC Business Daily
Who pays for petrol?

So we've got hell breaking out on Easter Monday, which would seem to be somewhat contrary to the Christian ideals that the administration adheres to.

ABC Business Daily
Who pays for petrol?

So I can't see an easy out to this situation.

ABC Business Daily
Who pays for petrol?

America is continuing to send troops into the area.

ABC Business Daily
Who pays for petrol?

And all the while, you know, you've got the Iranian leadership saying, we're not in negotiations.

ABC Business Daily
Who pays for petrol?

Nothing's been negotiated.

ABC Business Daily
Who pays for petrol?

And then trying to be just as funny as Trump is by saying, well, you're fired.

ABC Business Daily
Who pays for petrol?

And I mean, it's just inconceivable almost that this is actually taking place.

ABC Business Daily
Who pays for petrol?

I think it used to be called highway robbery, didn't it?

ABC Business Daily
Who pays for petrol?

But in this case, possibly.

ABC Business Daily
Who pays for petrol?

I mean, there's...

ABC Business Daily
Who pays for petrol?

possibly an exit strategy for the us to say we will um pay you x amount of dollars to allow x amount number of ships through the straits and uh to guarantee that uh you know oil supplies are uh

ABC Business Daily
Who pays for petrol?

well, not maintained, I guess, but restarted and maintained for a certain period of time.

ABC Business Daily
Who pays for petrol?

So that is a certain possibility.

ABC Business Daily
Who pays for petrol?

But whether or not America would accept that, it would then look as though America has lost the conflict and has had to pay its way out.

ABC Business Daily
Who pays for petrol?

Yeah, well, look, there's always unintended consequences when this kind of action takes place.

ABC Business Daily
Who pays for petrol?

And even when governments impose new economic policies, there's always something that comes out of left field.

ABC Business Daily
Who pays for petrol?

And what's happening now is that in the lead up to this whole confrontation, you had a lot of angst within equity markets globally about the concentration of money that was flowing into America, into Wall Street, and not just into Wall Street

ABC Business Daily
Who pays for petrol?

generally into a handful of companies on Wall Street.

ABC Business Daily
Who pays for petrol?

The entire global stock market performance was based around seven companies.

ABC Business Daily
Who pays for petrol?

The magnificent seven.