flowerbug
Sustainability Master
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I am not one of these "the sky is falling" type of people... but this is very very concerning... the dollar could be worthless in the next few years if this direction keeps up....
the size of the economy is much different between Russia and the USoA... they are about 10-15% in comparison (i think, i've not looked lately). China will trade with whoever gives them a good deal, same with India. isn't that really the basis of the American Way[tm]? anyways, no it's not always an easy time of it but i'm also generally not worried as much as things like this come about.
the USoA is hitting peak production, i don't see that changing much soon. OPEC cutting production just means we'll pick up any slack and make some more profits in the shorter term. we're still going to be selling more natural gas overseas.
generally the faster the transition to electric happens the better for the world as a whole and burning more fossil fuels is going backwards. so there ya go. good luck future peoples, you're going to need it if you live along the coasts...