The price of oil affects the price of almost everything else. Almost all forms of economic activity use energy. Almost all goods have to be transported a significant distance.
Post Tagged with: "Michael T. Snyder"
April 7, 2011 15:57
Gold, Silver And Oil Are All Skyrocketing And That Is Bad News For The U.S. Economy
February 22, 2011 07:57
As The Obamas And The Ultra-Wealthy Live The High Life Most Americans Are Going Through Economic Hell
There are two different Americas today. There is the America of the gated communities, the private planes and the good life, and there is the America of declining wages, thrift stores and rising desperation.
January 21, 2011 10:32
12 Economic Collapse Scenarios That We Could Potentially See In 2011
What could cause an economic collapse in 2011? Well, unfortunately there are quite a few “nightmare scenarios” that could plunge the entire globe into another massive financial crisis.
