I live in the U.S. so I’m definitely going to feel the effects of this Iran conflict pretty immediately, but it should be kept in mind that our international economy is an inseparable mess of individual country economies that will all suffer from supply chain disruptions especially of this magnitude. Not only that but every single economy in the developed world was built on the presupposition that what it happening right now wouldn’t happen and now it’s fucking happening.
What’s happening?
To support the expansion of an ethnostate in Palestine to it’s former borders as proclaimed by the Torah (Im talking about Israel), the United States started a holy war with one of the most militarily advanced nations in the Middle East outside of Israel. They retaliated by blocking off the Straight of Hormuz which is the main oceanic thoroughfare to the Persian Gulf, the lynchpin for all of the Middle East’s oil exports.
Even though the Straight of Hormuz only accounts for like 20% of the world’s oil, we need 100% of the oil in order to function. A similar thing to right now happened back in the 70’s in which the Iranian Revolution stalled that individual country’s exports for a few days - and people who loved through that today continue to talk about how crazy that was with all of the scrambling for oil- the long lines and fights that erupted at gas stations. AND THAT WAS JUST ONE COUNTRY OVER A FEW DAYS!! The crisis right now is affecting every gulf state and has been happening for weeks.
Of course, after that crisis we implement policy to install reserve supplies in case anything like that happened again, we would have a buffer to figure out alternatives before we hit that wall again. We’re using that buffer right now and ITS ALMOST OUT.
We have a few more weeks maybe. Taking for granted that a peace solution will Iran is impossible (which it’s objectively not, our government is just evil), a competent government would right now be implementing widespread rationing programs and peice controls to start to offset out dependent on oil right now. They’re doing that in Southeast Asia right now, but not here!
The point is you should start exposing people to the reality of their situation now before we’re really out of oil, since the social disturbance of hitting that wall is going to be absolutely catastrophic. And it looks like they that’s where we’re going.
Right now everyone is in denial, but as soon as the reserves are through, the peice jump is going to do several things extremely quickly.
1) almost all commercial flight is canceled. Air liners run on extremely thin profit margins, as soon as something as basic as fuel skyrockets, there’s no way that’s gonna survive. Hell, the speculative rise in oil prices so far have already killed Spirit Airlines, and we’re not even out of supply yet.
2) Trucking companies are going to to close down thousands of routes. The economic benefit of delivering groceries and supplies to remote areas is going to disappear, so they’re gonna stop sending trucks, and those people aren’t getting food anymore. Old people who can’t drive are just gonna starve and die. People who CAN drive are all gonna have to go further to other locations to get food which is only going to exaggerate oil scarcity as so many added vehicles on the road is entirely inefficient.
3) Cars become essentially useless. Unless you live in those remote locations where driving for food is now a matter of life and death, having a car is essentially useless as it’s not economically viable. The overhead of simply driving your car to work and back is simply too much.
There will be more devastating and wide reaching consequences than that, but thousands to millions of people will definitely die from this. I have a feeling when people look back in this era it will have looked like COVID, or the Great Depression, or world war 2, etc. The interpersonal devastation caused by this will be beyond measure.
I don’t think this is apocalyptic yet, but if they implement a price cap on oil (which seems like something trim would do but I don’t know if his cabinet would let him), this is literally all over, like I am gonna buy a gun and sandbag my walls. Essentially what that would mean is the remaining oil cannot be sold for the higher prices (which they would reasonably would be sold at both because of the supply in demand and the new costs of extraction and transportation because of the scarcity of gasoline). So all of the oil would disappear which would actually collapse modern society.
Defend yourself. Buy rice and beans and adapt.
Buh-bye
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