Mid-East is at it big time. Kadaffy, need to take him and his son out this time. Oil supply down 2%.
With the price of gas going up, again, (and it could be a big jump this time), there are only two devices that may be left for automotion.
1. Left leg
2. Right leg
( ...and the price of fuel for those is goin' up too.)
Don't matter which fuels we use, supply is going to drop and the price is goin' up.
People strongly resist calling this a depression, ( remember, we were in one when we entered WWII ), and I can see the possibility of "gas cards" or a similar concept for rationing just like during WWII.
It wasn't just gas, tires too. All kinds of stuff was "rationed".
Now, another war of economics, and we're losing.
So do we need a WWIII to solve the economic probs we face today?
My point is that all prices go up with "shortages".
Rising price of fuel, again, will ripple through the economy, and in some cases having a devistating effect on a major part of the populace.
With shortages will come "Gov't Intervention (rationing)".
Let's have a World War and wipe out a few hun mil people, then there will be plenty for everyone,
....for a while.
Gotta tighten my belt now, so I won't feel so hungry when I die of starvation.
...and can anyone of you tell us the status of Gold at that time