I am a moderate , and my definition is :
Peak oil will :
1. Result in Economic recession for 5-10 years and then depression
2. Result in mass "die off" in Africa, India, China, Japan, Pakistan, Mexico, South east asia. This die off will be of the violent , starving and disease variety. This will be circa 30-40 years post peak.
3. Result in die off in the west but by a increase in the death rate caused by not artifically keeping people alive by advanced medical care and complex treatments (cancers, transplants, by passes etc), but no starvation , anarchy , mass disease or nuclear war. Also the birth rate will continue to fall. This scenario will stretch over 50-75 years.
4. Result in western societies becoming much like Eastern Europe / WWII Britain / allotment societies. All the useless supermarkets, retail parks, suburbia etc will overtime be ripped down and replaced with grasslands for grazing , or the soil upgraded sufficiently to grow crops.This will at least provide some employment. Unemployment benefits will be replaced with coupons for food/water and nothing else. Transport will be limited to mass transit options like trains , but will be prioritised for goods. Energy will be restricted for government, police, military , essential industry, mass transit, water and agriculture.
Wow I am looking forward to this already! (not!)
On bad days Aaron's thermonuclear fuckfests depress me , but I am not sure even the yanks are mad enough to kick start such a nightmare.
PB