But this much is certain: The world is changing, and our control over the actions of OPEC via Saudi Arabia is waning, if it hasn’t completely collapsed this morning. And if the latter is the case the implications go far beyond the price of a barrel of oil, as Saudi Arabia is a brutally repressive nation that has utterly depended on the United States for much of its technology and political stability.
A storm is coming my friends…… and it’s a bad one.
Based on this information, what are you doing different? Everything, nothing?
Big macro shifts in the global landscape cannot be helped or even influenced at the local level – usually.
Our world is without a doubt based on petroleum. Everything from food production to the cheap plastic crap that is in Chinamart is chocked full of dead plants and dinos.
Keep the above in mind when you review your preps tonight.
I maintain my previous statements that making it into Christmas of 2011 without some major black swan or like tipping point will be an outright miracle.