Oil, Inflation, & Recession

Oil, Inflation, & Recession Authored by Charles Hugh Smith via OfTwoMinds blog, It's not the price of oil per se that triggers recession, it's the underlying vulnerabilities that have been cloaked with happy story narratives to keep the game going. Recessions don't require a spike in the price of oil/gasoline, but spikes in energy prices trigger recessions. This makes sense, as hydrocarbons are the foundation of every industry, from the so-called "green" industries to all the high...