This was a good exchange. There are some edits to make it more useful. Prerequisite: https://aeolipera.wordpress.com/2022/09/06/climate-change-as-probihition-for-fossil-fuels/
A quick reminder that the housing market and the economy aren’t 100% the same thing, just mostly.
The real collapse is when it’s no longer profitable to drive a truck.
And that’s on schedule for California by 2025…[Ed: 2035 is the 100% changeover date, but we’re talking profitable, not legal.]
from my little understanding, rising interest rates and recession are the inevitable solution to the artificial boom of stimulus
the solution to high prices is high prices
Historically, the solution has been to go to war, then issue a new currency.
I don’t know that war is on the table though, so we’ll probably just pick on some tiny country, go bankrupt, and hopefully get conquered very gently by a 3rd, large country.
E.g. We start a forever war with Venezuela, power grid at home fails, and Russia buys us a new one under the condition that their people run it.
That’s the smart way, it will definitely be a lot slower and dumber than that.
Speaking of, if there are any citrus-producing Midwestern companies you might unironically invest in that around the time California tries to do electric trucks.
i don’t think MI can grow citrus. plenty of other fruit production though. Welch’s has a bunch of farms in my area, but it looks like they’re a privately held co-op
I’m just saying that the man who can get orange juice shall be king.
So what’s happening is, as I mentioned, legit trucking companies won’t be profitable because only organized crime and businesses with special government exceptions (but I repeat myself) will be allowed to use gas engines.
That means California oranges become like Cuban cigars, effectively under embargo.
But a side effect of organized crime is old-school economics starts coming back in, complete with labor strikes, strike-breaking murders and kidnappings, and all sorts of things that drive prices up in a vicious cycle.
Anyway, the takeaway for the Dark Brandon crowd is we need to vote out these vote riggers.
I’ll moderate this to say that electric trucks won’t necessarily be the big one because it could be done in other ways, like bringing back Covid shutdowns, but if gas trucks get the prohibition treatment according to the stated plan then that would necessarily cause a price spiral.