PeakOil is You
World economic growth has peaked
by airstrip1 » Sun 17 Apr 2005, 16:32:10
$this->bbcode_second_pass_quote('Jack', 'A')s interesting as the efforts to keep things alive will be, I think the psychology of the people involved will be more interesting.
The steps are, as I recall, denial, anger, bargaining, depression, and acceptance.
The steps are, as I recall, denial, anger, bargaining, depression, and acceptance.
Can we add drinking to the list ? It's the phase I like best.
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by Aaron » Sun 17 Apr 2005, 16:39:04
The problem is, of course, that not only is economics bankrupt, but it has always been nothing more than politics in disguise... economics is a form of brain damage.
Hazel Henderson
Hazel Henderson
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by killJOY » Sun 17 Apr 2005, 16:57:14
Researchers can't predict how a substance will work on the human body, yet many people here pretend to be able to predict how peak oil will affect a complex system like our current economic system. It's amusing.
Peak Oil is fairly straightforward: here's about what we have left in the ground; here's the way oilfields typically behave; here's current production and demand. The rest is math.
It's not that easy with economics.
Not that I'm preparing for a bright future, mind you...
Peak Oil is fairly straightforward: here's about what we have left in the ground; here's the way oilfields typically behave; here's current production and demand. The rest is math.
It's not that easy with economics.
Not that I'm preparing for a bright future, mind you...
Peak oil = comet Kohoutek.
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by chargrove » Sun 17 Apr 2005, 17:07:41
Maybe it's just me, but... am I the only person who doesn't quite understand the amount of hostility between MQ and Wildwell in this thread? I mean, don't get me wrong, but it seems like both of you are on roughly the same side of things, and it's just a slight difference in degree of severity that you interpret the situation. So why the harsh tone?
Seriously, we have a enough of a challenge dealing with people in the outside world in regards to this situation. Why complicate things by fighting unnecessarily amongst ourselves? If we're gonna have to learn to be good neighbors, we might as well start here, right?
Seriously, we have a enough of a challenge dealing with people in the outside world in regards to this situation. Why complicate things by fighting unnecessarily amongst ourselves? If we're gonna have to learn to be good neighbors, we might as well start here, right?
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by MonteQuest » Sun 17 Apr 2005, 17:22:14
$this->bbcode_second_pass_quote('chargrove', 'M')aybe it's just me, but... am I the only person who doesn't quite understand the amount of hostility between MQ and Wildwell in this thread? I mean, don't get me wrong, but it seems like both of you are on roughly the same side of things, and it's just a slight difference in degree of severity that you interpret the situation. So why the harsh tone?
Perhaps I have grown impatient. I tire of having to repeat myself, and especially to people who come on here stating that common knowledge is false; who don't even have a command of the subject and have to revert to google search plagiarisms for rebuttal. I get frustrated with people who don't do their homework and waste my time.
I'm off for a beer!
![[smilie=occasion14.gif]](https://udev.peakoil.com/forums/images/smilies/occasion14.gif "occasion14")
Last edited by MonteQuest on Sun 17 Apr 2005, 17:29:13, edited 1 time in total.
A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
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by NevadaGhosts » Sun 17 Apr 2005, 17:27:27
$this->bbcode_second_pass_quote('chargrove', 'M')aybe it's just me, but... am I the only person who doesn't quite understand the amount of hostility between MQ and Wildwell in this thread? I mean, don't get me wrong, but it seems like both of you are on roughly the same side of things, and it's just a slight difference in degree of severity that you interpret the situation. So why the harsh tone?
Seriously, we have a enough of a challenge dealing with people in the outside world in regards to this situation. Why complicate things by fighting unnecessarily amongst ourselves? If we're gonna have to learn to be good neighbors, we might as well start here, right?
Seriously, we have a enough of a challenge dealing with people in the outside world in regards to this situation. Why complicate things by fighting unnecessarily amongst ourselves? If we're gonna have to learn to be good neighbors, we might as well start here, right?
Why can't we all just get along? Holding hands, hugging, and singing campfire songs is the answer to all of the world's problems. A happy happy feel good, daisy-picking lifestyle will help us avoid a crash.
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by airstrip1 » Sun 17 Apr 2005, 17:30:25
$this->bbcode_second_pass_quote('Aaron', '[')url=http://www.financialsense.com/fsu/editorials/2005/0123.html]interesting[/url]
Having read the article I really do need a drink. When the dot com bubble went down in 2000 US interest rates should have been raised and the world economy should have had a recession so that existing debts could be worked off. Instead, Greenspan cut interest rates and encouraged further borrowing. I think he took the decision to support the interests of his financial masters. Over the intervening 5 years he has given them time to offload much of their lliabilities onto the general population and to foreign purchasers of US debt. Since the suckers are now holding the bag the edifice can be allowed to collapse. The US politicians know what is coming and have taken the necessary steps to protect the interests of their corporate backers by passing the recent amendments to the bankruptcy legislation. As a result many US citizens are goiing to be turned into little more than debt bondsmen. Whether the crash will turn out quite so rosy for the US elites, as some think, is more open to question. There is a mountain of debt hidden in the derivative market that even the saviest investors think is impossible to quantify. When it unwinds it is going to launch a financial avalanche that will sweep even some supposedly invulnerable institutions away. Events may be about to get out of hand.
Last edited by airstrip1 on Sun 17 Apr 2005, 17:36:54, edited 1 time in total.
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