3 Things Happening Right Now That Could Wreak Havoc On The Economy
Jul 26, 2018
Anyone with a price book will agree that the cost of nearly everything has been steadily going up. Unfortunately, wages are not increasing at the same rate.
And to quote Bachman-Turner Overdrive, you ain’t seen nothin’ yet. There are three events happening in the economy right now that could, alone, cause the prices of everything from food to the materials to make replacement parts for your vehicle to skyrocket. But if you combine them all together? We could be facing a perfect storm of economic havoc.
Iran is blocking oil exports from Saudi Arabia
Yesterday, Saudi Arabia announced that they were halting oil exports through a specific lane in the Red Sea due to attacks by “Yemen’s Iran-aligned rebels.” Reuters reported:
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