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However, it would also more or less end the current era of globalization for the middling masses. This may be a good thing, in the long run, but it would also seriously mess up a lot of people's lives.
For example, I'm an expat in Japan. Visiting home would be more or less impossible with air fare in the $7000 to $8000 range for a single trip. Not on my salary, at any rate.
Sure, passenger liners may well revive in response, but given how awful marine diesel is, that's probably not a good idea, and anyway, most people can't afford to take a month off work for travel any more than they can afford a $6000 air ticket.
That's... doable, if not necessarily optimal. And if you hold your holidays on Midway, you can cut the transit time roughly in half.
Definitely becomes easier if you have a position that lets you telecommute for a few weeks, though.
- Jake Friends come and go. Enemies accumulate.
For those who have the time and for time insensitive goods high tech sail/solar powered transport may become a factor. The average speed of the trade winds should increase. "It is not necessary to have hope in order to persevere."
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