$300 a barrel would be the final nail in the coffin for shopping malls.
RE: What If OIL Went To $300 A Barrel? The Last Blow To The Monetary System!
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What If OIL Went To $300 A Barrel? The Last Blow To The Monetary System!
Think about farming as well. Food prices through the roof. Totally forgot to mention that!
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Yes where you are when the deleveraging starts to happen will impact your access to food and water think Los Angelos. We live in an area close to farm land and bought a large lot that sits as forest.
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Big farming can't exist without big oil. Fields will go unplowed, unfertilized, and without its pesticides.
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