How Plunging Oil Prices Could Lead to World War III

Let’s revel in our good fortune as oil prices continue to plunge. Oil prices have dipped under $50. If we are spending less for money, we have more to spend on other things such as eating out, shopping and vacations. On the surface, it looks the American consumer finally got a break.
The Trojan Horse of Low Oil Prices Before we pop the Champagne, we should consider the fact that someone in a position of authority thinks that the present economic situation could lead to economic devastation inside the United States and the proof for this is readily apparent. The Army Times publication, that would be our Army has be concentrating on fighting in ‘megacities’ of 20 million or more people against ‘criminal and extremist groups’ who can ‘influence the lives of the population while undermining the authority of the state.’ I take the Army’s quote to mean that hungry, desperate people are going to be looking for ways to satisfy their basic means and these people must be stopped. And who would be terrorists that they are practicing against? The new terrorists, according to DHS, are Christians, Constitutionalists, and in particular, Second Amendment supporters.
Low Oil Prices Equals Economic Death by Deflation We live in a country where the three thousand mile salad is common place. Your grocery stores and large retail storea receive several deliveries per day in an economic practice known as ‘Just In Time Delivery’. Nearly everything you eat and wear is shipped. The middle man concept (i.e. the transporter of goods) forms the backbone of our service economy. However, if the price oil goes to low, the economy will slow down to the point, where at first, spot shortages will rule the day. Eventually, very little will be shipped because it does not make sense to do so because of the deflationary impact on prices. Low oil prices, if they continue, will wreak havoc on the economy. One can prove to themselves that most ‘experts’ agree that the economy is vulnerable to oil prices which reach $40 dollars for a barrel of oil by ‘Googling’ the topic.

This post was published at The Common Sense Show on January 7, 2015.