The Rally is Coming: Always Buy Too Soon [View article]
It seems to me that there is a good chance that the world economy may nerver recover from the lack of cheap oil. I think that the world average standard of living is going lower at the same rate that the price of oil is increasing. Its not easy for the human brain to get its arms around the fact that critical changes happen as time marches on. The lack of cheap oil is going to cause dramatic changes in our life style and our markets.
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It seems to me that there is a good chance that the world economy may nerver recover from the lack of cheap oil. I think that the world average standard of living is going lower at the same rate that the price of oil is increasing. Its not easy for the human brain to get its arms around the fact that critical changes happen as time marches on. The lack of cheap oil is going to cause dramatic changes in our life style and our markets.
Mar 14 11:06 am
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