Originally posted by Yosimitie Sam
Yeah you know it must be worse with the astronomical interest on the debt. We are deeply deeply screwed. I for one am getting my survival gear
together.
I'm with you. I live in Alaska and I know that even if worse comes to worse, I can still keep my family alive regardless of what happens. Sending
americans back to the stone age isn't exactly my idea of a good time, but since noone is taking any kind of action that could thwart or otherwise
economically keep this country going that may very well be the outcome.
In 8 years President bush and his administration have done nothing but make countries hate us more and put us in a crappy economic situation. In 8
years nothing has been done to initiate something resembling an alternative energy movement. All this time wasted while we have and have had the
technology and the means to make alternative energy a revolution in this country, yet somehow the Bush administration has better ideas?
The oil companies are making record profits while the rest of the world suffers and starves because of oil prices? Meanwhile gas prices are on the
rise with no end in sight, demand is rising globally, geopolitically everything looks pretty grim, and we, as americans, have no way of knowing what
our future holds.
Basic economics suggests that supply and demand creates ups and downs we all know that. But the factors that actually drive oil prices..
Mainly
1-The geopolitical situation
2-Supply vs demand
are only getting worse. It doesn't help that supply already can't keep up with demand while it is rising globally. I just fail to see the light at
the end of the tunnel. Meanwhile you have people like Rush Limbaugh on his radio show saying things like "Trust me the prices will fall it's basic
economics". But the truth is that these people fail to admit that oil prices will continue to soar because they are in denial and think this is some
kind of liberal circus parade of doom and gloom. T
he global food crisis is only getting worse (it is now in it's infancy). They are already rationing certain imported food items at Sam's and Costco
stores (rice that I know of, for example) right here in the U.S..
Just as I said in a different thread, even if the food crisis doesn't eventually directly effect us for years, a continuing climb in oil prices will
destroy this economy (what's left of it). We don't even have these politicians admiting there's a problem. IMO, our dependance on foreign oil is
a thing of the past. How about our dependance on oil altogether? Why isn't anyone talking about that these days? And why aren't our government
officials and politicians taking action now to at least attempt to divert what could be an all out collapse of this american economy?
It may not happen tomorrow or next week, but if this situation continues to degrade we will be screwed. Like I said before we are already seeing
1-a global food crisis already beginning to affect some U.S. stores
2-people losing their homes and the overall degradation of the housing market.
3-Skyrocketing oil prices with no end in site
4-A war in Iraq that is costing millions daily (not to mention our military stretched thin)
5-No alternative to oil becoming viable at least enough to compete with the stinking rich oil companies (at least as a start) Therefore we will
continue to depend on oil and gas.
In 4 months (since january alone) the price of oil has risen from $100 a barrel to $120. If that rate is sustained, our gas prices will double within
2 years it's simple math. If we see a skyrocket rate at which oil prices increase, we may see double oil prices before then. Meanwhile pretty much
everyone depends on gas, not to mention what it costs to heat a home here in Alaska in winter. Some people are already living in their cars in winter
to stay alive because they just can't afford the price of fuel-oil..
-ChriS
[edit on 11-5-2008 by BlasteR]