Next Shock: Currency Crisis?


Energy is the next big shock, its already in motion and has more teeth and angles than jaws.

Lets, see,

Oil up 700% in 6 years from $20 in 2002 to $145ish today
Gas up 300% this year from 2007 ($5per unit to $14.5 today)
Electricity up 30 % this year (ireland)

:exclamation: :exclamation: :exclamation:

George Lee’s ‘End of the oil age’ is well worth a look. When this was shown first in June 07, oil was at $60.

at $140 a lot of margianl deposits will come on stream , and then !!!