Quote:
Originally Posted by kane
Oil was just about $130 per barrel not too long ago. Then it dropped back down. We can survive it as long as it doesn't last for years. A recession with very high gas prices would suck bad
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Think that through:
High oil spikes right now = cost of local goods go up + cost of imports go up =
Everything gets more expensive = hyperinflation = people consume even less = deeper ressession = more jobs lost = banks really not lending now = farmers can't farm = food shortages = people consuming even less = possible population panic over food shortages and high gas prices, and so on.
I've said it before, this mess hasn't even started yet. Oil is going to skyrocket, so is gold. The dollar is going to crash, as is the market, and we will go into a depression that will be unlike anything anyone could predict.
Life as we know very well be changing very soon. It has happened to many great nations in the past, and the USA is not exempt to such a collapse. Look back in history, it happens. I've stocked up on enough dehydrated food and water to last for one year, and I have enough weapons and ammo to protect my family. I also have a LOT of gold and silver in my floor safe that I can use if the USD crashes. I'm prepared.
It's coming. Are you ready?