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Comments by "" (@hewitc) on "The Secret Behind Rockefeller's Wealth That Won't Die" video.
Few documentaries highlight the fact that we think of oil as extremely valuable because it powers automobiles, airplanes and ships. These were not the original users of Rockefeller's oil. They weren't invented yet. The fortune was made selling axle grease for horse drawn wagons and kerosene for lamps. The market for kerosene was hurt by the invention of the electric light. It was only in the 20th century that the demand for gasoline and diesel sky rocketed. Fortunately for Rockefeller the early electric cars of the teens had limited use. The introduction of the ford Model T, the first automobile for the average person, created an enormous demad for Standard Oil gasoline and lubricants.
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@timr31908 You get the DJT Modesty Award. Hero!!
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Trump will bankrupt the US like he did with his casinos and almost did in his four year term. The Trump Recession was markets crashing and 19% unemployment. When he left office the US had lost 3 million jobs and had an affitional $8 Trillon in debt. The average taxpayer's money will mostly go to pay the interst on that debt forever! Trump's tariff paln looks just like the tariff law the US enacted just before the Crash of 1929 and the subsequent Great Depression. 35% unemployment!
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