Tuesday 28 August 2012

This isn't here pt2






oilcrash.com TIPPING POINT by Perry Arnett SNIP Continue from PT1 Thus, as world energy sources deplete, the world macro-economy must slow down until it finds that natural balance between the available energy needed to drive it, and the size of the economy that energy will allow to exist. As the economy slows, jobs vanish; as jobs vanish, living standards decline; as living standards decline, everything declines — and then you have the exact OPPOSITE of what most of us here have experienced throughout our lives: NO-growth; decline, diminution, loss, etc. This hydrocarbon bonanza (coal, oil and natural gas) from say, 1700 to 2030 or so, was a one-shot thing; Nature gave us a Hershey Bar and we ate it! When its gone, its gone. Even though there may be about 1/2 the oil left that there ever was, it will be consumed much faster than the first half was. So much faster, in fact, that for our purpose here, — about all thats left for most of us is the memory. Most are unaware of this. When most DO become aware we will reach a tipping point: a point where the teeter-totter-of-life changes position from where it was — to where it must go. At that point there will be severe gnashing of teeth and wailing in the streets and all that comes with that. We can either believe it now, or believe it later. Why are we not told about this from the government, or our employers, or our city councils, etc.? Because no one wants to be the one to cause the tipping point to occur! As long as the ...








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