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The Real Reason for USA based Economic Recessions.

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There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. OPEC quadrupled the price of oil and the US quickly fell into recession.

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Landsat Proved the Power of Remote Sensing

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A multiplexer processed this data, and an analog-to-digital converter changed it to a pulse-code modulated signal. Within a few months of the sales, however, global food prices soared by 50 percent, and U.S. farmers estimated a profit loss of $462 million (about $3.2 billion in today’s dollars).

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