The truth is that we have reached peak oil. This means the end of CHEAP oil, which in turn means the end of industrial civilization which was built on cheap and easy access to crude oil. The solution? Radical changes are required in our approach towards economic and population growth. See my blog.
Wah, what should we do to our investment, if this is permanent recession? Scary..
ReplyDeleteThe truth is that we have reached peak oil. This means the end of CHEAP oil, which in turn means the end of industrial civilization which was built on cheap and easy access to crude oil. The solution? Radical changes are required in our approach towards economic and population growth. See my blog.
ReplyDeletehttp://sgentropy.blogspot.com/