by lutherquick » Tue 02 May 2006, 15:06:16
Actually, we could have economic growth inside of an economic contraction.
If laws, taxes and government policy gave incentives for us to run around and be busy making energy and raw materials consumption more efficient, this in itself could delay peak oil, or keep the top of the peak flat for a long time until we realize things like fusion... reverse globalization, energy management, cogeneration, renewables, depopulation, switching to RR and water ways for transport of goods, all these economic sphere would grow while shrinking and collapsing other economic activity in the markets of SUVs, Mc Mansions, Caesar salads via cross country, NGO financed colored revolutions, search for wmd in Iraq, and so forth...
There will be lots of growth amongst these human ashes...