Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)

Donate Bitcoin



Donate Paypal

Page added on January 15, 2018

Bookmark and Share

Prepare For The Imminent Economic Collapse 2018

Will the US Economic Collapse Happen in 2018? The economic forecast for 2018 is more than bleak, and there is more than enough economic data out there to show there could be an economic collapse and stock market crash in 2018.



352 Comments on "Prepare For The Imminent Economic Collapse 2018"

  1. GregT on Wed, 17th Jan 2018 1:37 pm 

    “Al gore said back in 2006 that by 2015 half of New York would be underwater. Including the 911 memorial”

    What was he thinking?

    http://www.nytimes.com/2012/11/03/nyregion/floodwater-pours-into-9-11-museum-hampering-further-work-on-the-site.html

  2. MASTERMIND on Wed, 17th Jan 2018 1:41 pm 

    Greg

    When people have nothing left to loose, they loose it – Gerald Celente

  3. MASTERMIND on Wed, 17th Jan 2018 1:43 pm 

    Greg

    Al Gore also said the polar ice caps would be gone by 2012.

  4. GregT on Wed, 17th Jan 2018 1:54 pm 

    “CLAIM”
    “Al Gore predicted that Earth’s “ice caps” will melt away by 2014.”

    “WHAT’S TRUE”
    “In the late 2000s, Al Gore made a series of high-profile statements suggesting the possibility that Arctic sea ice could be completely gone during the summer by around 2013 or 2014.”

    “WHAT’S FALSE”
    “Gore did not himself make these predictions but said (in some cases erroneously) that others had; Gore never referred to a year-long lack of ice for both poles, but instead largely referenced Arctic sea ice in the summer.”

    “ORIGIN”
    “In the years 2007, 2008, and 2009, Al Gore made statements about the possibility of a complete lack of summer sea ice in the Arctic by as early as 2013. While Gore attributed these predictions to scientists, they stemmed from a selective reading of aggressive estimates regarding future melting. The comments became a popular talking point for human-caused climate change deniers in 2014 and onward when the predictions, which in some cases were overstated, did not pan out.”

    https://www.snopes.com/ice-caps-melt-gore-2014/

  5. MASTERMIND on Wed, 17th Jan 2018 1:55 pm 

    Greg

    Once the oil runs out your tax farm is going to trow in and your wife in a cattle car and make you work hard labor! Watch this video!

    vhttps://www.youtube.com/watch?v=P2ZhQrWQj7k

  6. MASTERMIND on Wed, 17th Jan 2018 2:07 pm 

    Greg and Madkat

    Yes of course…. collapse cannot happen to you …. you have magical powers…. that will keep the goons away … so that you can grow your organic carrots in peace and tranquility …. You will just sing Koombaya while thumping a drum…. and that will appease the murders… and they will leave you alone… because you are deemed sacred…

  7. GregT on Wed, 17th Jan 2018 2:09 pm 

    I believe what Celente said was:

    When people have nothing left to lose, they lose it.

  8. MASTERMIND on Wed, 17th Jan 2018 2:09 pm 

    Existing oil reserves are scheduled to begin a catastrophic crash within 1 to 3 years. When it hits the economic and social damage will be catastrophic. The end of Western Civilization, from China to Europe, to the US, will not occur when oil runs out. The economic and social chaos will occur when supplies are merely reduced sufficiently….

    https://imgur.com/a/6dEDt
    http://www.nature.com/nature/journal/v481/n7382/full/481433a.html
    http://www.sciencedirect.com/science/article/pii/S0301421509001281
    http://www.sciencedirect.com/science/article/pii/S030142151300342X
    http://www.sciencedirect.com/science/article/pii/S0016236114010254
    http://www.geo.cornell.edu/eas/energy/the_challenges/peak_oil.html
    http://www.scribd.com/document/367688629/HSBC-Peak-Oil-Report-2017

  9. MASTERMIND on Wed, 17th Jan 2018 2:11 pm 

    Greg

    “WHAT’S TRUE”
    “In the late 2000s, Al Gore made a series of high-profile statements suggesting the possibility that Arctic sea ice could be completely gone during the summer by around 2013 or 2014.”

    Just like I said minus two years…

  10. MASTERMIND on Wed, 17th Jan 2018 2:13 pm 

    Greg

    “WHAT’S TRUE”
    “In the late 2000s, Al Gore made a series of high-profile statements

    “WHAT’S FALSE”
    “Gore did not himself make these predictions

    That makes no sense…Either he made the statements or he did not.

  11. GregT on Wed, 17th Jan 2018 2:13 pm 

    “Yes of course…. collapse cannot happen to you …. you have magical powers…. that will keep the goons away … so that you can grow your organic carrots in peace and tranquility …. You will just sing Koombaya while thumping a drum…. and that will appease the murders… and they will leave you alone… because you are deemed sacred…”

    That certainly is an interesting perspective MM…….

  12. GregT on Wed, 17th Jan 2018 2:20 pm 

    “That makes no sense…Either he made the statements or he did not.”

    Statements. Predictions. Having yet another problem with reading comprehension are we?

  13. GregT on Wed, 17th Jan 2018 2:23 pm 

    “In the late 2000s, Al Gore made a series of high-profile statements suggesting the possibility that Arctic sea ice could be completely gone during the summer by around 2013 or 2014.”

    “Just like I said minus two years…”

    More comprehension troubles?

    You said:

    “Al Gore also said the polar ice caps would be gone by 2012.”

    Summer Arctic sea ice, and polar ice caps, are not the same thing. Not even remotely close to being the same.

  14. MASTERMIND on Wed, 17th Jan 2018 2:23 pm 

    Greg

    I understand the difference but he shouldn’t be parroting other peoples predictions if he doesn’t want to face the music later…Just face it he is using his authority to scaremonger to sell his book and virtue signalling. When Al Gore and Leo give up their mcmansions and stop flying the world in private jets Ill start to worry.

  15. MASTERMIND on Wed, 17th Jan 2018 2:25 pm 

    I am very concerned about carbon footprints, Not mine, YOURS!

    -Al Gore

  16. MASTERMIND on Wed, 17th Jan 2018 2:27 pm 

    Greg

    Is half of new york city underwater right now? NO! So Gore lied back in 2006 on the today show!

  17. GregT on Wed, 17th Jan 2018 2:34 pm 

    “that will keep the goons away”

    Thanks for all of you input MM. At our next community meeting this coming Thursday evening, I am going to suggest to everyone that we somewhat change our strategy.

    Instead of patiently awaiting the goons, we would be much better served by being the goons. We have the guns, ammo, numbers, and the experience of a few war veterans.

    Raping, looting, and pillaging. Sounds like a great strategy. I’ll be sure to give you the credit.

  18. GregT on Wed, 17th Jan 2018 2:46 pm 

    “I understand the difference but he shouldn’t be parroting other peoples predictions if he doesn’t want to face the music later”

    What part of “the possibility that Arctic sea ice could be completely gone during the summer by around 2013 or 2014, was he wrong about?

  19. GregT on Wed, 17th Jan 2018 2:48 pm 

    “I am very concerned about carbon footprints, Not mine, YOURS!”

    -MM

  20. MASTERMIND on Wed, 17th Jan 2018 3:15 pm 

    Greg

    You have a community meetings? Do you talk about doomsday coming and how bad the guberment is! A bunch of old crusty uneducated boomers think they can survive the apocalypse…LOL the hubris!

  21. MASTERMIND on Wed, 17th Jan 2018 3:55 pm 

    The Impending Oil Shortage: Updating Our Oil Thesis For 2018

    https://seekingalpha.com/article/4138151-impending-oil-shortage-updating-oil-thesis-2018

  22. GregT on Wed, 17th Jan 2018 4:50 pm 

    “You have a community meetings? Do you talk about doomsday coming and how bad the guberment is!”

    Yes, yes, and yes. Especially the last one. Most intelligent people have a tendency to discuss how corrupt and ineffective their governments have become.

    “A bunch of old crusty uneducated boomers think they can survive the apocalypse”

    The ages of attendees range from early 20s to mid 60s, and most, including myself, are well educated.

  23. MASTERMIND on Wed, 17th Jan 2018 5:18 pm 

    Greg

    You community of uneducated hicks wont last two weeks when the stores run out of food. And once the lights go out you are done..You cant hunt or fish for your food every day…You are not prepping for a collapse of society. You are prepping for a depression.

  24. Mad Kat on Wed, 17th Jan 2018 5:28 pm 

    Greg, I too have noticed MM’s inability to comprehend simple English in some of my posts. Drugs? Mental handicap? Lack of education? All three?

    He still doesn’t understand the words: ‘diversity of cultures and situations’. In the US they can be seen easily if you visit New Orleans and New York City. I guess he has never been out of Chicago’s ghettos.

  25. Mad Kat on Wed, 17th Jan 2018 5:41 pm 

    MM, ‘collapse’ is NOT going to be experienced the same every place on the planet.

    It is going to hit the US hard because it imports most of its necessities and energy.

    It has a ‘just in time’ delivery system that is going to break down and end.

    It has a population with few, if any, survival skills or the ability to be self-sufficient.

    It relies on debt to exist.

    That is NOT the situation in most of the world.

    Do you think s Russian peasant will suffer as much as the ‘out of work chemist’ in Chicago? I don’t think so. You need an education in the real world, not the Mad Max Hollywood version.

    Greg seems well placed to live out a long and happy life. I hope to do the same here, in the jungles of Luzon, Philippines. I look forward to awakening to the chatter of a tribe of monkeys instead of the sound of horns and sirens.

  26. MASTERMIND on Wed, 17th Jan 2018 6:18 pm 

    Madkat

    Our collapse will be global and it will happen the same everywhere because the global economy is going to collapse..

    Read page 56 of this peer reviewed study.
    http://www.feasta.org/2012/06/17/trade-off-financial-system-supply-chain-cross-contagion-a-study-in-global-systemic-collapse/

    Now where is your sources? Ill be waiting…

  27. Mad Kat on Wed, 17th Jan 2018 6:28 pm 

    Bullshit on your “peer reviewed” out of date propaganda, MM. Logic and an understanding of the real world proves otherwise. My sources are the simple variations in the dependence on the global economy as it exists today.

    You never think for yourself. You let a bunch of people who never worked a day in their lives or likely ever actually traveled the world, tell you how to think and what to believe. Too bad. You are trapped in their tiny fantasy box.

  28. MASTERMIND on Wed, 17th Jan 2018 6:33 pm 

    Madkat

    *Post-collapse Preparation Is the Answer*

    Myth: Well-prepared individuals, groups, and communities will survive our impending collapse and maintain healthy, fulfilling, and productive lives in its aftermath.

    Reality: Those who survive our collapse will be those who can obtain sufficient life sustaining essentials—especially clean water and food—on a continuous basis, both during and after collapse. Those who store large quantities of these essentials and those who attempt to produce food, either individually or in communities, will be easy targets for the vast majority who have neither the foresight to store nor the skills to produce. No matter how remote or secluded your sanctuary, somebody will know about it; and they will come to call when they become desperate; and they will be well armed and devoid of compassion. You can prepare for a last stand, but you cannot prepare for post-collapse survival. Post-collapse Life Will Be Preferable to Our Industrial Lifestyle Paradigm

    Myth: Industrialization has brought nothing but misery and degradation to the human race; our quality of life (and spiritual wellbeing) will improve substantially in a post-collapse world.

    Reality: The post-collapse lifestyle awaiting the few who survive will, under the best of circumstances, share many attributes with pre-Columbian America. Unfortunately, the realities associated with subsistence level existence bear little semblance to the Hollywood accounts.Those who anxiously await our post-collapse world will be disappointed, assuming they live to experience it. The fact that nobody is opting to jettison the amenities afforded by an industrialized way of life in favor of a hunter-gatherer lifestyle today should be sufficient proof that our future way of life is not something to be anticipated. Industrialism is not inherently “evil” or immoral; it is simply physically impossible going forward.

    Survivorship bias

    Survival bias is the logical error of concentrating on the people or things that made it past some selection process and overlooking those that did not, typically because of their lack of visibility. This can lead to false conclusions in several different ways. It is a form of selection bias.

    https://en.wikipedia.org/wiki/Survivorship_bias

  29. MASTERMIND on Wed, 17th Jan 2018 6:36 pm 

    Madkat

    You think you know more than a physicist with a PhD who wrote that study. And its not outdated because peak oil global has not hit yet…Maybe if you actually opened your mind and learned. Instead of being a close minded arrogant bigot! Sorry Madkat when it comes to collapse I will listen to the sientist over a retired construction worker..If I want some new windows installed Ill ask for your advice…LOL

  30. MASTERMIND on Wed, 17th Jan 2018 6:38 pm 

    Madkat

    Stick to what you know best buddy! Hammering nails and whistling at teenage girls at the burger king! Education and science is not your thing..That is why you dropped out of college because you would have failed anyways. Dont lie you know it was to hard for you..That is why you went to work with your hands. You had no choice!

  31. Davy on Wed, 17th Jan 2018 6:39 pm 

    “MM. Logic and an understanding of the real world proves otherwise.”

    That counts you out mad kat. You are oblivious to the real world. You are agenda driven and that disqualifies you from honest balanced discussions. You act like you know Asia but the extent of your travels is Manila region and Hong Kong for shopping. Wow, sounds like some expertise.

  32. MASTERMIND on Wed, 17th Jan 2018 6:45 pm 

    Davy

    He acts like Asia is totally self sufficient and isn’t tied into the global economy. And if you try to show him evidence that Asia is going to collapse just like the OECD. He will call you brainwashed and make up conspiracies about the evidence. (Without showing any proof)..

  33. Mad Kat on Wed, 17th Jan 2018 6:47 pm 

    Tweedledee and Tweedledum taking turns bending over. Does it feel good to have back up (pun intended) guys? Both of you are delusional but in different ways. Enjoy!

  34. MASTERMIND on Wed, 17th Jan 2018 6:56 pm 

    Madkat

    Please prove your arguments with some evidence. If not I have no reason to believe you…I have given you five reasons to back up my arguments. You have given me nothing.

  35. GregT on Wed, 17th Jan 2018 7:03 pm 

    “Read page 56 of this peer reviewed study.”

    Page 56 is speculating about the effects of a Eurozone collapse scenario.

    Is there something more specific on that page that you believe actually supports your argument? If so, please provide a quote.

  36. Mad Kat on Wed, 17th Jan 2018 7:15 pm 

    Greg, MM cannot think, only parrot. He has little or no comprehension skills.

  37. MASTERMIND on Wed, 17th Jan 2018 7:44 pm 

    Madkat

    Parrot what exactly? Peer reviewed scientific studies? I know what do experts and doctors know anyways! People who make a living cleaning toilets like you are the real experts! LOL

  38. Mad Kat on Wed, 17th Jan 2018 8:48 pm 

    Parroting peer reviewed ‘scientific’ studies. They are written by think tank stooges and paid for by corporations/government. Their jobs depend on saying what their owner wants to hear.

    Not to mention years old before you see them. Would you rely on a weather report that is 5 years old?

    You have been brainwashed to believe that it takes a degree to think. Hint: it doesn’t. Degrees are usually obstacles to outside the box thinking. You are an obvious example.

  39. MASTERMIND on Wed, 17th Jan 2018 9:05 pm 

    Madkat

    A weather report is not the same thing as a peer reviewed scientific paper. Hubberts original paper was written 14 years before its conclusions were proven accurate. Einsteins paper on relativity was written in the 1920’s and is still as relevant today as ever. Darwins book was written in the 1800’s and its still relevant today. You are grasping at straws! And none of the papers I have submitted are older than 8 years old. You are grasping at straws old man.

  40. MASTERMIND on Wed, 17th Jan 2018 9:08 pm 

    Madkat

    Time makes more converts than reason.

    -Thomas Paine

  41. Mad Kat on Wed, 17th Jan 2018 9:25 pm 

    Still cannot think for yourself MM? Quotes from long dead people seldom fit today’s reality. I guess taking 3 hours to cross the Atlantic is the same as taking 90 days in his time?

    “Does Einstein’s Theories of relativity have any holes in them?”

    Certainly. The biggest hole are the singularities. GR predicts singularities, and in physically reasonable circumstances – the big bang singularity, and the black hole central singularity. Singularities are not physically problematic, they simply do not exist in reality. They are a problem only for the theories which have them – they tell us that these theories are wrong.

    Then there are serious compatibility problems. First, with causality. If causality makes sense at all, it tells us that there cannot be causal loops. But GR has solutions with causal loops.

    Then, it is incompatible with quantum theory. This alone is sufficient to accept, for most scientists, that GR is wrong and has to be replaced by some theory of quantum gravity. See GR quantification problems

    Another big failure is local energy and momentum conservation. GR has none.”

    https://www.quora.com/Does-Einsteins-Theories-of-relativity-have-any-holes-in-them-What

    As for Darwin: “In light of the recent acceptance of the importance of catastrophic mass extinctions in the history of life, it may be time to reconsider the evolutionary views of Patrick Matthew as much more in line with present ideas regarding biological evolution than the Darwin view.”

    Einstein and Darwin are so last century.

    http://www.futurity.org/does-darwins-theory-hold-up/

  42. MASTERMIND on Wed, 17th Jan 2018 9:53 pm 

    Madkat

    Your sources are nonsense…You think you know more about science than Einstein and Darwin and you were a construction worker who flunked out of college! LOL Just admit Madkat be honest you cant handle the conclusions you have to make up lies to try to discredit them…You are a fool and a liar!

  43. MASTERMIND on Wed, 17th Jan 2018 9:54 pm 

    Simple really….when the World Economy Collapses everything shuts down…the end….The collapse will be absolutely horrible..There is no collapse or horror movie ever produced that has even come close to imagining what the collapse of BAU might look like. I’m talking about every corporation and every social program going bankrupt at once.I’m talking about people eating people. I’m talking about the Worst Catastrophe to ever happen in the history of mankind. Nothing has ever, or will ever come close.

    http://www.sciencedirect.com/science/article/pii/S0921800914000615
    http://www.energybulletin.net/sites/default/files/Peak%20Oil_Study%20EN.pdf
    https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3574335/
    http://sustainable.unimelb.edu.au/sites/default/files/docs/MSSI-ResearchPaper-4_Turner_2014.pdf
    http://www.feasta.org/2012/06/17/trade-off-financial-system-supply-chain-cross-contagion-a-study-in-global-systemic-collapse/
    https://imgur.com/a/6dEDt
    http://www.nature.com/nature/journal/v481/n7382/full/481433a.html
    http://www.sciencedirect.com/science/article/pii/S0301421509001281
    http://www.sciencedirect.com/science/article/pii/S030142151300342X
    http://www.sciencedirect.com/science/article/pii/S0016236114010254
    http://www.geo.cornell.edu/eas/energy/the_challenges/peak_oil.html
    http://www.scribd.com/document/367688629/HSBC-Peak-Oil-Report-2017

  44. MASTERMIND on Wed, 17th Jan 2018 9:54 pm 

    Simple really….when the World Economy Collapses everything shuts down…the end….The collapse will be absolutely horrible..There is no collapse or horror movie ever produced that has even come close to imagining what the collapse of BAU might look like. I’m talking about every corporation and every social program going bankrupt at once.I’m talking about people eating people. I’m talking about the Worst Catastrophe to ever happen in the history of mankind. Nothing has ever, or will ever come close.

    http://www.sciencedirect.com/science/article/pii/S0921800914000615
    http://www.energybulletin.net/sites/default/files/Peak%20Oil_Study%20EN.pdf
    https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3574335/
    http://sustainable.unimelb.edu.au/sites/default/files/docs/MSSI-ResearchPaper-4_Turner_2014.pdf
    http://www.feasta.org/2012/06/17/trade-off-financial-system-supply-chain-cross-contagion-a-study-in-global-systemic-collapse/

  45. MASTERMIND on Wed, 17th Jan 2018 9:56 pm 

    Less than a few years till Anarchy!

    https://imgur.com/a/6dEDt
    http://www.nature.com/nature/journal/v481/n7382/full/481433a.html
    http://www.sciencedirect.com/science/article/pii/S0301421509001281
    http://www.sciencedirect.com/science/article/pii/S030142151300342X
    http://www.sciencedirect.com/science/article/pii/S0016236114010254
    http://www.geo.cornell.edu/eas/energy/the_challenges/peak_oil.html
    http://www.scribd.com/document/367688629/HSBC-Peak-Oil-Report-2017

  46. MASTERMIND on Wed, 17th Jan 2018 10:16 pm 

    A world no longer powered by fossil fuels, no matter what incarnation, is almost inconceivable and for many terrifying. . It is indeed traumatic for what it might (probably) mean not just for us but also for our love ones, children, grandchildren. Our hearts break. We want to fix it.

  47. GregT on Wed, 17th Jan 2018 10:30 pm 

    “A world no longer powered by fossil fuels, no matter what incarnation, is almost inconceivable and for many terrifying. . It is indeed traumatic for what it might (probably) mean not just for us but also for our love ones, children, grandchildren. Our hearts break. We want to fix it.”

    No need to be heart broken and terrified MM. There are other options.

  48. MASTERMIND on Wed, 17th Jan 2018 10:36 pm 

    Greg

    I am not the one who bugged out away from society to join a cult. And I am not the one who is scared of science studies. I am not scared at all because I have a easy way out.

  49. antaris on Wed, 17th Jan 2018 10:48 pm 

    Freeze asshole. Finger off the trigger and move the the gun away from the girl.

  50. MASTERMIND on Wed, 17th Jan 2018 10:51 pm 

    Look its Greg shopping at his local Canadian wal mart!

    https://imgur.com/a/tQunb

    You people are such trash!

1 … 3 4 5 6 7 8

Leave a Reply

Your email address will not be published. Required fields are marked *