We are in the midst of an oil and energy crisis. The situation has grown so severe that criminal activity has become rampant in the theft of gasoline. It is currently being estimated that rising energy prices will cost the average American family an extra $2,000 this year alone, and that is going to have a tremendous impact on so many households. Unfortunately, signs are pointing to a full-fledge financial meltdown and global depression.
In this segment from The Financial Physician, host Lou Scatigna, CFP® addresses the impact of the global oil and energy crisis.