The global economy in the next few years
- Russia will become the kingpin
- Russia and the oil sheikhs
- A huge backlash among the people
- The other factor is that Russia has…
What happens in the global economy in the next few years will completely change how you live. Here’s several things that will happen affecting your life in a massive way.
It will focus around who controls oil and the cost of energy. Russia will become the kingpin in global energy products. By controlling the flow of gas and energy Russia will build a global economic empire greater than any time before.
Right now Russia and the oil sheikhs have cut the price of a barrel of oil in half or more and put the American fracking business – out of business. Fracking is only profitable above $70 a barrel, so when oil is $40s or less, fracking comes to a standstill.
Also, banks and Wall Street have leveraged their derivatives positions in oil at $100 a barrel hoping that oil prices would continue to go up forever. Now, at half or less of that target they are in serious trouble, possibly worse than the positions they had in real estate back in 2008. Bailing them out when they crash will cause a huge backlash among the people. They saw what happened last time and how their lives got worse, not better.
The other factor is that Russia has teamed up with the largest manufacturing machine, China. The U.S. outsourced all its manufacturing positions and jobs to China and the Far East leaving little behind. So, the energy sector was heavily relied on to carry the U.S. economy as it has done for several years, but now it’s barely keeping afloat.
With Russia and China controlling the world’s manufacturing and energy production the global economy will be in their hands and everyone else will suffer.
QUESTION: What should readers take away from this message today?
ANSWER: That you better enjoy cheap gas while you can.
QUESTION: Why is this information timely?
ANSWER: This information is timely because you will see gasoline prices creep up slowly until $5 a gallon gas will seem like a bargain.
QUESTION: How can readers best apply this information to their lives right now?
ANSWER: Always living frugally and not flamboyantly is a good strategy. You may want to have some alternate means of transportation, such as a bicycle or a motorcycle when gas becomes very expensive.
COMMENTARY: America’s outsourcing and dismantling is finally showing cracks in the veneer. How does this effect you? Well, they will continue to bail them out at your expense. The difference this time is that you will not buy into the fear that sold you on the last bailout – that the entire economy would collapse if the banks didn’t get bailed out. What really happened is that your economy collapsed, not theirs. So, here it comes again, except this time it will be far more massive.