While senior Trump aides had anticipated some brief surge in oil prices in the first days of the war with Iran, the size and sustainability of the market reaction caught them off guard.
Because an inherent distrust of experts leads to a reduction in expertise which leads to imbeciles being surprised their ideas don’t actually work in the real world.
This is I think key to why dictatorships and autocracies decline and fall. Dictators cast out naysayers and refuse to listen to evidence that diminishes their policies. So they are eventually surrounded by incompetents or manipulators.
Being surprised at increased oil prices after bombing Iran like a week ago?
Because an inherent distrust of experts leads to a reduction in expertise which leads to imbeciles being surprised their ideas don’t actually work in the real world.
This is I think key to why dictatorships and autocracies decline and fall. Dictators cast out naysayers and refuse to listen to evidence that diminishes their policies. So they are eventually surrounded by incompetents or manipulators.
Being surprised at increased oil prices after bombing Iran like a week ago?
Is that even real?