by Cashmere » Mon 21 Jul 2008, 00:42:35
$this->bbcode_second_pass_quote('plainjane6476', 'A')s far as the $ situation- I've been selling things that run on gas/diesel/elec and investing the $ in renewables/food production, etc. The way I see it, I won't have the $ to run them soon anyway and might as well sell them while they're worth more than scrap metal.
I think that this is wise, but I think timing is critical.
I have several diesel powered beasts that will be sold soon. I'm thinking that by this fall would be ideal, but next spring/summer might be doable, assuming no strike on Iran.
Question - Is it immoral of me to sell a hunk of metal to a man when I know that it will be worth only scrap in but a few years?
It's reminiscent of selling my house in a big city at the peak of the housing bubble. The housing bubble is what put me on the scent of Peak Oil.
So I'm sitting there at the closing selling my house for a ridiculous sum to a guy who did manual labor connected with building houses, and I'm thinking, "this guy is royally screwed. There's no way he makes it 3 years."
Sure enough, the house goes back on the market this year for a 100,000 nominal loss. Ouch.
I had serious qualms about selling the house. I kept thinking, "don't I have an obligation to warn this guy that he's buying at the peak of the market?"
I settled it with, "hell, the last 50 people I told we were in a housing bubble either laughed at me or yelled at me."
Massive Human Dieoff <b>must</b> occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where <b>you</b> live. If you fail to recognize this, then your odds of living move toward the "going to die" group.