“A continued sharp depletion would therefore likely drive prices higher, ultimately curbing consumption and alleviating some of the strain.” Curbing consumption is a euphemism for driving consumers into even more debt, combined with massive layoffs. Alleviating some of the strain is econ-speak for Wall St continuing to enjoy huge profits.
“A continued sharp depletion would therefore likely drive prices higher, ultimately curbing consumption and alleviating some of the strain.” Curbing consumption is a euphemism for driving consumers into even more debt, combined with massive layoffs. Alleviating some of the strain is econ-speak for Wall St continuing to enjoy huge profits.
we’re basically headed for an economic crash
If current trends persist it will be much worse than just that.
almost certainly