[Perseverando]

The referenced article from the leftwing rag, Bloomberg.com: Age of Scarcity Begins With $1.6 Trillion Hit to World Economy

[Born in 1950]

I don’t think the severity of what’s coming is yet grasped.

[Carl Vehse]

It’ll be good if that scarcity includes Demonicrats.

[Boogieman]

“this should be an Age of Abundance, and it was — under President Trump!...”

That’s only partially true. Trump put in place a lot of policies that made things better, but there were serious underlying problems that Trump never even tried to address that were going to lead us to economic disaster sooner or later.

For example, Trump didn’t do anything to shrink the deficit, unfunded entitlement spending, reign in money printing by the Fed, or stop the shell games that we have been playing to prop up the housing and stock markets well past their natural points of correction. Creating jobs, increasing GDP, reducing our trade gap, those are important too, but if the real underlying causes of the coming disaster aren’t addressed, none of those efforts will stop it. Maybe delay it a little, but not stop it.

[StAnDeliver]

Wow anti-Trumpers and newbie trolls for a nothingburger thread. Unreal.

[adorno]

It will be interesting when people go to the grocery store and come back empty-handed, because of the scarcity of food. Meanwhile, you will have spent $6 per gallon for the trip, and no food to show for it.

[rdcbn1]

You will own nothing, and you will be happy. - Claus Schwab . Welcome to the new world of managed scarcity.

[Capt. Tom]

In Part 2, watch energy consultant Dave Walsh talk about how the crisis is just getting started. Just wait until fall when our farmers take in the harvest, which will be devastated by the fertilizer shortage that’s under way now.

I am also concerned with the coming of winter, and the problems that is going to present, in Nov-Dec-Jan-Feb-Mar--Tom