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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (19733)10/10/2004 9:24:19 PM
From: ferrogy  Read Replies (2) of 110194
 
Darffot, Raymond Duray
"Perhaps you missed it, but over the summer the National Geographic Magazine had a cover story about Peak Oil. You can't get more mainstream than that, IMHO. The other newsmagazines are also now covering the peak oil concept in articles of varying length and quality"

You might be getting the press but Joe6Pack does not get it. (IMHO)

For about the last six months I have been talking to people about peak oil and what it means, call it an informal survey.
Here are the normal responses...(condensed)
1.Don't believe it (a way for someone to make more money)
2.We'll find more (I can give them quick facts on this one but unless they are willing to go out and read most I'm afraid do not believe me)
3.The earth will make more (no joke)(Most people I've talked to have no idea how oil is formed. Alot think that it formed recently, they think in terms of hundreds or thousands of years not tens of millions. I try not to show a reaction to this but this group wins my Tinfoil Cap Award.

The most difficult fact for most people to wrap their brain around is this...

Our (modern) civilization is totally built on OIL.

It is the enormity of the implications of that one statement
makes it difficult for an individual to grasp. (even those of us who are studying it.)
Please STOP and do this,
Turn around and LOOK at the room you are in, take some time to look at all the objects in the room.
EVERYTHING you just looked at was in some way touched by OIL.
Until Joe6Pack can look at his room (world) and UNDERSTAND what peak oil will do to him or his family it is NOT a "mainstream reality".

Off my soapbox,
Steve
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