I know I am not looking forward to the winter months. We heat with oil and electricity and they are both pretty expensive. With the on going health issues, surviving is going to be tough and I know there will be no savings to speak of. It has almost been totally eaten up by doctors and hospitals.
I am glad for the insurance I do have, but it does not cover everything.People often wonder about how valuable they are, if I were to look back at all the medical bills then the medical profession would value me at well north of 500,000 dollars. I wish I could have that money to invest, but I did pay for it through all the years I paid into the insurance industry.
Insurance is a must at times and I am glad we got it for our daughter prior to her being born, as from day one, there were complications that would have potentially excluded her. However, it is only useful when they pay and I have heard some horror stories from some countries.
Hopefully, this period of insane energy prices is short lived, but who knows, perhaps it will also lead to some better development, like it did in the 70s.
I have seen a lot of stories on battery improvement. Once they get to a point of batteries being able to take thousands of recharges without breaking down then we will see a lot of new development and migration of people I think. No need to be tied into a standard electrical grid when you can use solar or wind and charge long lasting batteries for use.