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Jim C.
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>State of the Union  - James Howard Kunstler - 
I understand that facts confuse many on this site causing spasms to tiny brains. Here they are nonetheless:

The myth of peak oil:

1) http://www.wallstreetdaily.com/2012/11/12/energy-independence-and-the-myth-of-peak-oil/

2) http://seekingalpha.com/article/841401-peak-oil-myth-debunking-the-peak-oil-theory

3) http://www.counterpunch.org/2012/03/29/the-myth-of-peak-oil/

4) http://www.resilience.org/stories/2012-05-04/seven-myths-used-debunk-peak-oil-debunked

I could have listed a dozen more independent sources but I don't want to cause any more brain trauma than necessary.


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Beginning of the headline :The fog of chatter about Federal Reserve money-printing shenanigans, currency wars, fiscal intransigence, exchange rates, and alphabetized rescue operations conceals the central reality of the historical moment: that all industrial economies now face epic contraction, even rip-roaring China in its absurd and spectacular bid to become the latest drive-in utopia. The so-called advanced nations of the world are all sliding toward something less than they wish to be, and the so-called developing nations will backslide further into poverty and anarchy where development will never happen... Read More
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