Quote:
Originally Posted by Hitman
IMHO anyone who believes in unlimited growth in a limited world should have it checked by a pyschiater. But this has been till today the policy of the anti-malthusian economists, who think that what has worked yet will always do.
Peak oil is not as dramatic as if we would run out suddenly and stop at all -like your average car does when the tank is empty- but instead the decline will first trigger an economic crisis and then the need for mitigation with alternative means. There are plenty of them, like coal to fuel, renewable and of course nuclear, yet starting those all in a scenary of oil prices skyrocketing will not be exactly easy to do. Severe rationing of fuel will occur, and peak oil will more than probably be the the end of the private automobile, because states will obviously dictate that existing fuel supplies are allocated first to public transportation and then to industry. A country can run without families having up to four cars each, but not without industry and agriculture.
Shutting off most of the private vehicles currently rolling on the roads would postpone peak oil for decades ... and that's obviously what will happen, no matter if we want it or not.
But make no mistakes, there is no substitute for oil currently, so we shouldn't expect economic growth or many comfort in the next decades at all.
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I will sign everything you wrote.
This ponzi scheme economy is destined to destroy our production.
Everyone is in so much debt that that it boggles the mind.
Before we didnt have debt but had less material possessions, now we have both but at the loss of freedom, in state and individual level.
60 years back most people in Finland were farmers that had little debt and they where afraid to take any.
Now most live in cities in those overpriced doghouses.
Many have sold their land in the countryside to finance these but still have enough debt to pass to their children.
This independent rural population was the backbone that fought four wars for this country, they had something to fight for, their own land.
Now most only have debt or at best savings that are worth toilet paper soon.
Rest of the land will change owner in the likely collapse.
I would call this a land theft comparable to the Soviet Unions attack against Kulaks.
I also think Rome started to go down when they killed their free peasentry with debt and they had to move to the cities and form hungry mobs.
You can control and use them as long as you can give them bread and shows.
Ok this is little extreme way of putting it but it isnt exactly untrue, is it?
