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A Practical and Non-doomster Plan to Escape the Current Mess

 I believe it is possible to construct a survivable and stable solution to the mess in the Persian Gulf.  Let's call it the "Greater Persian Gulf Co-Prosperity Sphere", administered by Iran.  (No facetiousness.)  Iran would charge a hefty transit fee at the Strait of Hormuz, and some of the money would be shifted to Gulf countries that have become friendly to Iran and unfriendly to Washington DC and Israel.

What is so bad about global wealth shifting toward energy and resource producers, and away from parasitic consumers?

But food will cost more because of high diesel prices, you say.  What is so bad about shifting to more locally-produced food, with its lower transportation cost?

When people talk about the cost of energy being a 'tax' or drag on the economy, they act as if your energy usage is absolutely fixed.  Walk into your local grocery store and look at the cars.  They aren't cars, of course, they are monstrous F-150 pickup trucks.  And out comes the customer, carrying two petroleum-based plastic sacks of food.  Then they push the button to extend the step to the driver's door so they are actually able to step up into the monster.

 Would it destroy the the American way of life to drive actual cars (non-pickups) again, like most people in the world do?  Would it destroy our quality of life to shift from 60-foot-long RVs to European-sized ones?  Would it be so bad if there were fewer motorsports morons, and more people using sailboats, hiking boots, or bicycles?

It is not a bad thing if consumer spending shifts from software subscriptions, video games, streaming services, granite countertops in their kitchen, $5 cups of coffee, impulse buys, installment payments, etc., and towards real things that last longer than one year. 

It would be a great thing if America cuts its military spending by 50% and shifts to constructive things.

Higher energy costs are bad for people who want to spend money on these other things, even though most of these things are worthless or wasteful in this 'scam economy' we have.  Higher energy costs are good for people who work or invest in the energy industry. 

I asked AI on my browser (Duck Duck Go) how much of the American economy is petroleum and natural gas.  Their answer: 7%.   If it goes to 10%, it would not destroy our way of life.  It would just cause different economic sectors to shift up or down in importance.

 

 

 

 

 

 

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