Oil prices haven't really gone up significantly, but gasoline prices are once again climbing. I've lost track of how many cargo ships can't enter port to be unloaded, gold is still more expensive than platinum; and yet we continue "business as usual." How much longer will the house of cards we call the American economy continue to stand?
Actually, our economy which is based upon perpetual motion could be collapsed possibly months before the ripple effect stops. There's been so much borrowing and kicking the can down the road, we may not recognize an actual collapse, even if it were to be sudden. Many would just presume it to be another glitch or bump, until pandemonium ensues. According to an article in the Wall Street Journal, the price of beef will continue to increase. Although the article was written in November, it is stated the increase will be passed on over several months at the grocery store. The link is included below.
America has placed ourselves in a very precarious position of global dependency, then out priced ourselves to each other with strikes looming at the refineries and the docks. The price of livestock on the hoof is higher than I've seen it since I began homesteading. The cost of grain and hay are at some significant lows due to bumper harvests and multiple cuttings. The cost correlation really isn't making any sense for a stable recovery.
This time, the American economy will not collapse with the closing of banks. Control and rationing of food and health care will enslave all those who are dependent. So much is already in place, the next economic collapse may actually look like complete care and provision . . .
http://www.cbsnews.com/news/largest-nationwide-oil-refinery-strike-in-30-years-expands/
http://gizmodo.com/why-are-these-massive-cargo-ships-trapped-at-29-u-s-po-1686637422
http://www.wsj.com/articles/cow-prices-jump-over-the-moon-1415302201
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