Monday, November 8, 2010

Permanent recession

Excuse the redundancy of posts over the next few days.  I’m trying to get the search engines to recognize the blog.

Here is an article on one aspect of the permanent recession: rising food and transportation prices.

Because oil is so fundamental to our economy, oil price increases ripple through the entire economy.

Take food as an example: current factory farming methods are entirely dependent upon oil from planting to processing to getting the food to market. ... As the price of oil increases, so goes the price of food.

Read more at the link for a more optimistic view than I have.

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