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Doomberg: Energy is Life and We Are Killing It
From the New World
Is There a Need for a Bailout?
I think the reverse has happened, which is as we've become more arrogant about just assuming the magic of supply chains would never stop. The vast majority of our peers have less than a week of food in their dwelling. They just go to the grocery store when they want to buy food. That was a generation ago, maybe two at most. Every winter there would be a very high risk of shortages. Whereas now, you can say falsely or not, but I think at least relatively we are more secure relative to that. Well, let's see how the world does in the next harvest.
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