|
| The economy is based on fuel. If it goes up everything else goes up. In 2008 fuel skyrocketed the consumer quit spending an the economy tanked. I filled up my vehicles an tractors the other day. talk about expensive. No way the economy can survive a huge price spike in oil. Add this to the possibility off higher interest rates. Its spells disaster to me. I remember the eighties like yesterday.High interest rates high fuel prices. Many farmers went out off business at that time. It was so bad you could attend several farm sales a day for days on end. I hope for goodness sake that doesnt happen again but there are those cycles. | |
|
Any thoughts on crude oil and the economy???
