This is an interesting look at how a country’s oil consumption equates to the size of their economy. As Chris Martensen shows, the correlation is almost 1 to 1. The corollary is that as oil prices increase, consumption is reduced, which reduces the size of the economy. Further, because modern economies are highly over leveraged, any decline in economic output puts the entire system in danger of collapse.
This collapse will happen sooner or later. The cause of the collapse will be because the ignorant fed members (and other central bankers) inflated an artificial economy based on fake fiat printing. These fed members will go down as some of history’s greatest fools, and the cause of the wreckage that will be america.