If you have the time to watch it, this video will help you understand the situation a lot better. I hope the guy is wrong about some of his conclusions, but most of what he presents involves facts that I really didn't know.
Pcp thats some very interesting stuff there. Thanks for posting. If this fella knows what hes talking about, which he does seem to, it is a very informative video. Makes me feel a little better about the US's future and alot of what has been going on in my own life makes more sense now.
In 4 lines what is he saying? I'll watch it when I get some time just curious before I go to bed
Worlds going to crap but the US will be ok because we can take care of ourselves. China is going to crap faster than anyone knew. The russia war is the beginning of some big changes. Fixin to be some folks starve to death. Great video if you like info
Good summary. I would add that a key point I didn't know is that the President of the USA can with the stoke of a pen sign an executive order to immediately suspend all oil exports from this country. This guy feels certain that Biden will do it, probably before the end of the year. That would likely result in the price of oil in the US decoupling from the price for the rest of the world. Our price would drop to 75, while Europe might pay 175 or more. And places like southeast Asia would struggle to get any at all.
I asked an analyst for a major oil company what he thought about this prediction and he didn't think the prices would vary that much. But it would certainly be a drastic change to the oil market, and that means it will change the world. I would love to see the USA have cheap oil, but I don't wanna see a billion people starve to death. I'm glad someone smarter than me will decide. Oh, wait....
All the labor of man is for his mouth, and yet the appetite is not filled.