Quote:
Originally Posted by uke_master
Why do you keep being surprised that every one doesn't attribute everything as due to peak oil?
Oh, I'm hardly surprised. I just wanted to give him a chance to think it through.
Quote:
Originally Posted by pokor playar
Yeah, we are mortgaging our country for the sake of maintaining our standard of living.
Correct. We've been doing this for 40 years, as the technocrats insist we must keep feeding the beast at all costs. To hell with the symptoms. ... Will our children and grandchildren ever forgive us? Probably not.
"The American way of life is not negotiable." What do you think that ultimately refers to?
Quote:
Originally Posted by pokor playar
I'm no economist, but it makes sense to me. Lets hear your explanation...
It won't be 50 years, more like 10-15. My position on the meltdown of industrial nations is nothing new, and supported more and more with each passing day by everyone from the Joint Chiefs to Oxford University. For the most up-to-date confirmation, Google about the ASPO conference that just took place last weekend.
energybulletin.net
Basically, the global economy is dictated by abundant cheap energy, not the other way around, as most here seem to insist. ... And, as predicted decades ago, global production of light crude scheduled to plateau THIS decade has in fact plateaued, and will soon begin to enter terminal and steadily steepening decline. ... We have used over half the oil we're ever going to use in 150 years... The second half of that bell curve will not last 150 more years, because demand is exponentially higher today... Energy affects every sector of the global markets, including lending liquidity and credit, and especially food prices. ... Nothing is ready to replace what light crude provides for modern societies, and won't be for decades. There will be great dislocation and upheaval because of it, and that process has already begun, from Europe, to the Far East to small town U.S.A.
And then, of course, there's always the increased prospect for global war because of this resource depletion, so that could certainly speed up the 10-15 year prognosis.
It's not "big government" that's the real problem, although I will concede that excessive government spending (that doesn't involve progressive energy alternatives) certainly does not help the predicament.
Last edited by JiggsCasey; 10-13-2010 at 12:55 AM.