Guest Post by Ugo Bardi
Despite having ancient seers (the “haruspices”) as ancestors, I don’t claim to be able to predict the future. But I think I can propose scenarios for the future. So, what could be the next big thing that will hit us? I suggest it will be the disruption of the oil market caused by the recent measure of a price cap on Russian oil.
Do you remember how many things changed during the past 2-3 years, and changed so unbelievably fast? There was a pattern in these changes: one element was that we were told they were just temporary, another that they were done for our sake. We were told that we needed “Two weeks to flatten the curve,” and that “the sanctions will cause the Russian economy to collapse in two weeks,” and many more things. Then, the world would return to normal. Instead, the result was a “new normal,” not at all like the old one.
Continue reading “What is the next thing that will hit us? Brace for it, because it will be HUGE”
