My 1.5 cents on the matter.. I believe we are only seeing the tip of the iceberg when it comes to energy costs going up.
With recent events unfolding, it is only a matter of time before Israel strikes Iran's nuclear processing plants. When this happens, the Straight of Hormuz, which is under mostly Iranian control will be shut down. 40% of the world's oil passes through this narrow waterway. Needless to say, the effects on the world economy would be devastating for whatever length of time Iran decides to block this waterway.
I am by no means a doomsayer, but looking at the world today, I really do feel its just going to take a mere straw on the proverbial camel's back to alter civilization as we know it.
Most of us, i know are a resourceful bunch. I have learned the skills I need to be self sufficient for the most part. I can do gardening, metal fabrication, home repairs, auto repairs, and use what I have on hand to make my ideas a reality. The barter system will eventually again become a way of life, as it was in the great depression. I view my motored bike as a glimmer of hope that given the possibility of hard times ahead, I can still go about my business and take care of my household.
Thats my take on the matter. I think its all going to unfold within the next 6-12 months and it'll either be a great relief or we will be in for the shock of our lives when bad goes to worse.
Hang in there, folks..
With recent events unfolding, it is only a matter of time before Israel strikes Iran's nuclear processing plants. When this happens, the Straight of Hormuz, which is under mostly Iranian control will be shut down. 40% of the world's oil passes through this narrow waterway. Needless to say, the effects on the world economy would be devastating for whatever length of time Iran decides to block this waterway.
I am by no means a doomsayer, but looking at the world today, I really do feel its just going to take a mere straw on the proverbial camel's back to alter civilization as we know it.
Most of us, i know are a resourceful bunch. I have learned the skills I need to be self sufficient for the most part. I can do gardening, metal fabrication, home repairs, auto repairs, and use what I have on hand to make my ideas a reality. The barter system will eventually again become a way of life, as it was in the great depression. I view my motored bike as a glimmer of hope that given the possibility of hard times ahead, I can still go about my business and take care of my household.
Thats my take on the matter. I think its all going to unfold within the next 6-12 months and it'll either be a great relief or we will be in for the shock of our lives when bad goes to worse.
Hang in there, folks..
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