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Old 02-06-2019, 02:29 PM   #4855 (permalink)
aerohead
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facts

Quote:
Originally Posted by sendler View Post
It's not necessarily believing or not believing. It comes down to hard economic facts. As energy gets more remote from depletion (oil price was $20/ barrel, minus a few price shocks, for the periods between 1960 and 2000 where it briefly went to $10, and is now $50 and will only go up), and carbon taxes raise the price of goods further, the middle class all over the world are getting left behind and cannot afford to pay any more for all of the embodied energy in the food and goods that they need. Yellow vests.
Hard economic facts are an oxymoron.Economists only get as far as stories.
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