[128shot]

I've reached my conclusion on peak oil.

Its that peak oil = money problem. Period. Its about the rising cost of everything, and how we as a society let it happen. With exploding credit bubbles and overvalued real estate.

I had a conversation with my mechanic about gas prices just a few days ago, and he mentioned that if people couldn't put everything on "plastic" (meaning credit card, in case you don't know..) our prices for everything would be lower because everyone would be forced to live closer to their incomes than being able to extend their purchasing power beyond their incomes due to manipulation of credit. With everyone re-fing 120% of their homes value, plastic to the limit, and living pay check to pay check, the geological problems of peak oil really become a money problem. While I'm not disputing that its a geological problem, (that'd be utterly foolish), I think its really showing itself in a financial problem that if avoided, would have made this situation a lot easier.

[MrBill]

$this->bbcode_second_pass_quote('128shot', 'I')'ve reached my conclusion on peak oil.

Its that peak oil = money problem. Period. Its about the rising cost of everything, and how we as a society let it happen. With exploding credit bubbles and overvalued real estate.

I had a conversation with my mechanic about gas prices just a few days ago, and he mentioned that if people couldn't put everything on "plastic" (meaning credit card, in case you don't know..) our prices for everything would be lower because everyone would be forced to live closer to their incomes than being able to extend their purchasing power beyond their incomes due to manipulation of credit. With everyone re-fing 120% of their homes value, plastic to the limit, and living pay check to pay check, the geological problems of peak oil really become a money problem. While I'm not disputing that its a geological problem, (that'd be utterly foolish), I think its really showing itself in a financial problem that if avoided, would have made this situation a lot easier.