The current financial crisis is a direct result of peak oil. There may be oscillations in the economic situation, but generally, we can't expect things to get much better. In fact, there is a very distinct possibility that things may get very much worse in the next few years.
While I don't agree that "the current financial crisis is a direct result of peak oil", I do believe that it played a large part, and definitely agree that "there is a very distinct possibility that things may get very much worse in the next few years" as energy shortages due to cheap "peak oil" manifest themselves.
When that occurs, the one welcome consequence is that the whole rotten anti life, anti prosperity, econut greenie agenda will finally get "thrown under the bus" where it belongs. It's unfortunate that our economy and living standards will suffer much pain before that happens..
And BTW, Eric, regarding "I'm just glad my waterfront home is 65 feet above Puget Sound.".. When the next major subduction quake hits your area (which in fact is overdue) you may find your waterfront home 65 feet below Puget Sound.
That's a real worry to chew on, unlike some phony baloney AlGore fairy tale about the North Pole melting.. |
