ECONOMIC GROWTH AND OIL

Towards the end of this decade the emerging permanent undersupply of oil will at least lead to widespread economic crisis across the industrialised world. This is nothing new; many of us have experienced recession before. The challenge this time however will be to adopt different modes of behaviour. We will be compelled to make do with less of everything as a very new reality asserts itself. The economic dogma of endless growth will burn away with the last remaining barrels of cheap abundant oil.

Oilcrash