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PeakOil is You

PeakOil is You

For the first time I am honestly scared.

Discussions related to the physiological and psychological effects of peak oil on our members and future generations.

Unread postby Yamaha_R6 » Thu 15 Jul 2004, 04:34:13

I'm sorry things are going so badly for all of you guys. I must say for me it is the opposite. I think the economy is doing great. My house which i paid 650,000 for 2 years ago is now worth 1.1 million.... 8O 8) YAAAHH baby! Realestate kicks arse!
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Unread postby PhilBiker » Thu 15 Jul 2004, 09:27:19

$this->bbcode_second_pass_quote('', 'I')'m sorry things are going so badly for all of you guys. I must say for me it is the opposite. I think the economy is doing great. My house which i paid 650,000 for 2 years ago is now worth 1.1 million.... YAAAHH baby! Realestate kicks arse!
That ain't gonna mean squat when it's worth $200K in three or four years. Sell now, invest in silver and gold, and start renting.
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Unread postby Falconoffury » Thu 15 Jul 2004, 17:14:55

Food prices haven't become a problem yet in South Florida. We still have plenty of affordable and quality all-you-can eat joints. Grocery store food prices may have gone up slightly in the past year, I would say.

You would think Canada would have a better financial situation due to the natural gas and oil exports to the USA. I'm from Canada, and I'm already worried.
"If humans don't control their numbers, nature will." -Pimentel
"There is not enough trash to go around for everyone," said Banrel, one of the participants in the cattle massacre.
"Bush, Bush, listen well: Two shoes on your head," the protesters chant
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Unread postby Chicagoan » Thu 15 Jul 2004, 20:04:06

$this->bbcode_second_pass_quote('PhilBiker', '')$this->bbcode_second_pass_quote('', 'I')'m sorry things are going so badly for all of you guys. I must say for me it is the opposite. I think the economy is doing great. My house which i paid 650,000 for 2 years ago is now worth 1.1 million.... YAAAHH baby! Realestate kicks arse!
That ain't gonna mean squat when it's worth $200K in three or four years. Sell now, invest in silver and gold, and start renting.


I would not rent. If I were you, I would buy some agricultural land.
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Unread postby Soft_Landing » Thu 15 Jul 2004, 23:47:16

$this->bbcode_second_pass_quote('pops', 'I') got about half way down the page. Could you snip or link to the “debunk” part. I’m more worried re; mortgage interest rate increases or other economic wobble in the near term than which conspiracy is the wackiest.


A little bit after half way down it reads...

snip

Can anyone confirm that what they state is accurate (M-3 increasing by 46.8 billion over the last week)? The fed site seems to be devoid of such information, and google has no idea what I'm talking about.

Is it hogwash from the get-go?


Yes ... weekly measurements don't mean much, as there are considerable fluctuations (especially in M3 - one of the broadest measures.) And for what its worth, M3 ... as of the end of April 2004 ... was around 9 trillion. In other words, an increase of 46.8B would be about one half of one percentage point (.005). M3 has been increasing fairly consistantly since around 1995. (It grew by 68B in April, and 97B in March).

[If you want to get down and geeky, here's a link to monthly measures of M1, M2, and M3 since 1959.]

This guy is straigt from the tinfoil brigade.
posted by MidasMulligan at 8:24 PM PST on June 2
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Unread postby VMA131Marine » Mon 19 Jul 2004, 01:23:14

$this->bbcode_second_pass_quote('Yamaha_R6', 'I')'m sorry things are going so badly for all of you guys. I must say for me it is the opposite. I think the economy is doing great. My house which i paid 650,000 for 2 years ago is now worth 1.1 million.... 8O 8) YAAAHH baby! Realestate kicks arse!


Before you celebrate too much. Wait until you have to come up with the money to pay the utility bills after peak oil hits. You might want to think about installing a solar PV array and using a ground source heat pump for heating and cooling. You'll probably even get incentives from your utility to do this.
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