Friday, September 7, 2012

Geopolitics, Energy, The Petrodollar, and Financial Warfare


How different is today from the 1970's when we were so fragile that Saudi Arabia and OPEC cut us off from their oil? That was a direct response to the foreign policy we maintain of supporting Israel no matter what they do to others.

Listen to Lindsay Hall and hear the geopolitical scenarios that could happen and think through the repercussions.  Now, assume that the economy will tank when oil goes to $140 a barrel and that banks will collapse, credit markets freeze up, and companies that are leveraged stop making payroll.  BAM! Unemployment goes from a reported 8.1% to 12% in less than 12 months.

Then listen to Stephen Leeb and hear his argument regarding scarcity, prices, and interdependencies of iron ore, copper, silver, photo voltaic, food, water, energy, poverty, the economy, and the economy in general.








1 comment:

  1. The next few segments will elaborate on how we are in a currency war due to an energy transition and population shift. Read about Jimmy Carter, the Energy Transition, and the Petroleum Addiction

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