3 ms·
Well general and specific, and short- and long-term, are orthogonal. Oil is also generally necessary in the US economy in the short-term, if (conceivably) not i
by lainga 5y ago
Well general and specific, and short- and long-term, are orthogonal. Oil is also generally necessary in the US economy in the short-term, if (conceivably) not in the long-term. On the other hand electricity is not necessary in the short-term specifically to aluminum foundries, but in the long-term it is (or the crucibles solidify).
- dahart 5y agoSure agreed. I'm perhaps not understanding what part of the above that this distinction clarifies. Sudden loss of oil would bring the entire economy to a halt and certainly result in mass loss of life. Sudden loss of human edible meat would no doubt be a major blow and an enormous waste, but would not generally result in a lot of people dying or stop the economy. It would certainly bankrupt and cripple the operations of meat farmers, but loss of oil would bankrupt and cripple all farmers, and all transportation and distribution of food.