The American Energy Crisis: The Gravy Train is Dead
The American Energy Crisis: The Gravy Train is Dead
As energy and food prices continue their spiral, these homes will by necessity be abandoned. The financial shock if this scenario is even close to accurate will bring the U.S. economy into an economic contractionary period not seen since the 1930’s. I think the issue now is the “rate of change”, and my money is on an acceleration in the decline of tax dollars, decline in employment, decline in home prices, and decline in energy availability.