Jon Quast
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Appearances Over Time
Podcast Appearances
And again, for every one day the conflict continues, these issues are going to be extended by days, weeks, months, not just a day.
I would say the oil experts say that we are already past what definitely the Iraq War was.
In the supply impact, is that what you mean?
Production capacity was largely spared there.
We had local infrastructure issues.
I don't want to be dismissive of it.
I don't remember the 1973 oil embargo as well as I remember... I'm happy to say I'm not that old.
There is no way that this won't have a profound economic impact.
I don't think that can be debated.
The debate and the unknown, because there really isn't a debate.
We just don't know how severe the impact is going to be.
And yeah, as investors, I think we need to prepare ourselves for that.
Because hopefully I'm wrong.
Hopefully there will just be a bounce back.
But if there isn't, and we can get into this later, I think,
it's going to be it's time to buckle up.
Yeah, it's so interesting.