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Economist posts graph, blames rich people, sells newsletter
wealth inequality rantmarket crash discourseeconomist postinggeopolitical copesubstack energy

Economist posts graph, blames rich people, sells newsletter

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A Twitter/X post by economist Isabella M Weber discussing fossil fuel stock surges during geopolitical conflict, paired with a chart showing MSCI stock indices for energy sectors and a promotional snippet from 'The Counterbalance' newsletter. The post argues that wealthy energy investors benefit while ordinary consumers face inflation, framing it as a crisis of monopoly power. Extracted text: Isabella M Weber @IsabellaMWeber Fossil fuel stocks are exploding in response to [text cut off] Who stands to benefit? The richest of the rich. Who stands to lose? All of us who have to pay higher prices and a new round of sellers' inflation. MSCI Stock Indices: — World Energy (fossil fuels) — Global Alternative Energy (renewable energy) Disaster profits: Monopoly power and a cost of living crisis in the wake of conflict Hello and welcome to the latest edition of The Counterbalance. This week, we're taking a look at the Middle East crisis and what it could mean for the consumer economy. The Counterbalance THECOUNTERBALANCE.SUBSTACK.COM
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