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Page added on March 13, 2008

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The Peak Oil Crisis: The Last Spiral?

Events are moving faster and faster. Equity markets and the dollar are dropping. Oil, gas, diesel and commodities are surging as the investment of last resort.


Margin calls are endangering the financial system. Real estate values and markets are falling. Exotic debt obligations are turning worthless by the billions. Central bankers have started the printing presses and are injecting unprecedented billions of


One by one, however, talking heads appear on the business channels to assure us that all will be well by the



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