The editor chose to print a letter by a certain fellow, who requested that I no longer write letters to this publication. So I complied and haven’t written here for more than a year. A previous letter predicted that the enormous global pandemic spending would obviously result in high inflation. This was ridiculed by the fellow who requested that I stop writing letters to this publication. Today the inflation has arrived and no one can dispute that.
Let’s have another look at what’s lying ahead.
Trump has promised to start bombing in about six or eight weeks, and the country he intends to bomb has solemnly promised that on the first day of the war, they will destroy all the Saudi oil refinery terminals, all the Saudi oil ports, to block the oil ship lanes and to destroy all the oil transport infrastructure and processing facilities in the entire Middle East. Assuming the conflict only lasted one day, it would take several years to restore oil production from the Middle East. One third of the world’s oil production comes from the Middle East.
This could turn the world on its head, even worse than the pandemic did. It would create a four- or five-year-long Great Depression. The current allocation of financial resources within our society, namely, expensive cars and nice houses with secure bank accounts and affordable mortgage repayments could completely and suddenly change for the foreseeable future. Historically, interest rates rise the most during wartime.
Although only tens of thousands would be killed in the initial nuclear bunker-buster attack, hundreds of millions would eventually die from the radiation fallout. Several above ground nuclear reactors would go into full meltdown and large quantities of the radiation from the underground facilities would also be released into the air and blown on the wind. All countries downwind would be severely affected.
For four decades The Echo has printed the stories some people loved, some people hated, and some pretended not to read. If you want us to keep telling the truth, the real truth, not the sugar-coated version. We’ll need your support to keep the presses rolling. 
