[directinfo]

$this->bbcode_second_pass_quote('', 'T')he US is on the edge of collapse, being the most exposed to energy supply deficit. When the US collapses, global markets will shake. The rest of industrial civilization will eventually downscale, de-globalize, and become a lot less automated.

We can expect a period of calm between the US collapse and crunch time for the rest of the world due to the sudden drop in demand immediately after the US collapse. If we are smart, this period will not be wasted as we wasted our time during the previous warning given by the 1973 oil shocks.

[PhilBiker]

Wow do you really expect anyone to read this? Why not just provide a link.

[elroy]

Stone age ? Iron age at least!

[Antimatter]

Is it just me of is the phase "truth movement" that the conspiracy types like to label themselves rather self indulgent?

[bobcousins]

Conspiracy theory eats itself. Back in the real world...

[peaker_2005]

Some good points. However, a few corrections:

- When the US economy goes, so does the rest of the global economy, and in fairly short order. Basically it goes that the US is the glue that keeps the current hedonistic society going (because it takes on a MASSIVE share of the world's debt.
- Some economies will have a quick turnaround for energy conversion reasonably quickly - generally, the smaller the economy and country and the more vast the rail network for the country's size (Australia, for example has a LOT of rail for a country with only 20 million people).
- We're unlikely to be kicked back to the stone age UNLESS we have a MAJOR ice age. I'm not talking one of them mini ice ages either - sure, one of those would result in an extremely scary dieoff, but it wouldn't be as bad as a big one - if the Earth snowballed, for example, all bets are off.
- The wheels are falling off the strong Australian economy (it has been growing CONSTANTLY for the last 15 years. Unemployment is at 3-decade-low levels. Every time we got down close to this level previously, a recession occured.

Unfortunately, I fear a major depression, one that may even make the Great Depression look like a picnic, is set to occur within the next decade - probably will happen when the oil production starts its inexorable decline.

[SHiFTY]

You might want to spell-check your BIG RED LETTERS... Inheritance is the correct spelling.

Apart from that, A++ RANT Would read again A++

[something_awfull]

$this->bbcode_second_pass_quote('peaker_2005', '
')
- Some economies will have a quick turnaround for energy conversion reasonably quickly - generally, the smaller the economy and country and the more vast the rail network for the country's size (Australia, for example has a LOT of rail for a country with only 20 million people).

[rogerhb]

$this->bbcode_second_pass_quote('something_awfull', 'W')e usually go down to the Tumut region (Snowy mountains hydro-electric scheme), their raillink and facilities were decommissioned a decade or so ago, now just rotting away, I looked at it and said to my wife, "they're gonna wish they didn't do that".

[ubercynicmeister]

$this->bbcode_second_pass_quote('something_awfull', '')$this->bbcode_second_pass_quote('peaker_2005', '
')
- Some economies will have a quick turnaround for energy conversion reasonably quickly - generally, the smaller the economy and country and the more vast the rail network for the country's size (Australia, for example has a LOT of rail for a country with only 20 million people).