Here's the thing... and I am being 1000% non-political here... but look around at rush hour.
In any friggin city.
There is no way on God's green earth we can go "all electric" by 2030.
If anyone thinks so.... then mortgage everything you own and buy whatever company can upgrade the existing grid and has verticals in the copper wire extrusion sector.
For real.
Diesel fuel is $5+ everywhere.
I mean... it doesn't take a friggin rocket scientist to figure this out.
But like I have written before.... if prices flatten, then inflation goes to zero.
A dozen eggs that were $0.89 last year and are priced at $2.29 now... that doesn't matter. If they stay at $2.29.... inflation has flattened.
It's a reset.
Newurldman is right.. we had it good for too long. I always wondered how things could be so cheap.
These high prices are here to stay.
The water will seek its level.
Labor is gonna be an ongoing problem however, especially with regards to the menial type jobs.
When ya'll go thru a MCD drive-thru...you should be double extra triple nice.
Thank them for working.
For real.
These people merit your respect.
Things are changing.
The water has not yet settled... but if you are lucky enough to be fairly well off... you'll be fine.
But this does not apply to at least 70% of average Americans.
I have no solution... except maybe get oil below $35.
I can tell you this with 100% confidence however.... this whole electric car thing... will turn out to be complete BS unless we figure out
new ways to power
a newly rebuilt grid.
A heatwave sends us into rolling black-outs....
Now... open your eyes and check out the number of cars you see daily on any interstate if you don't live in some bum f Egypt place.
Now... Imagine all them all plugging in nightly.
pfff.
Its all bs folks.
The insane are running the asylum.
There is no common sense. Zero.
Fossil fuels are here to stay for at least the foreseeable future.
You can mark this post.