Tellin’ it like it is

Thar she blows

Has anyone figured out that higher crude oil prices could be a result of globalization’s horrendous inefficiency? Now there is a waste of oil. The effect on the US Economy has been a backfire, as many higher shipping and distribution costs are directly attributable to the globalization theme. If the US built what it needed in regions near where the products were delivered by people who used their own output, then less energy would be wasted in transport and prevalent wages would enable their purchase. That is logic too simple for total moron US economists, the stupidest breed of two-legged animals on the planet. [Market Oracle]

[Hat tip]

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