Tag «demand destruction»

Location, location, relocation

The increasing urgency of this topic demands frank conversation, but the human ego is stunningly fragile. As a general strategy, I would not recommend starting the conversation about relocating with a group larger than half-a-dozen people, primarily because you’ll need to create and maintain an emotionally, psychologically, and physically functional group of people, on short notice, to do things you cannot imagine doing. The future is funny that way: We don’t even know what needs to be done.

Destroying demand

I underestimated the impact of high gasoline prices on our behavior. I thought $5 gas would be necessary to produce the type of impact we’re seeing at only $4. Demand destruction is so severe it’s overwhelming events in the former Soviet Union, where chess-master Putin is spoiling U.S. attempts to extract oil by going around Russia. Along the way, Putin has demonstrated exactly how impotent the U.S. has become on the world stage.