Quote:
Originally Posted by Chris Forbis
Clusterfuck Nation: http://jameshowardkunstler.typepad.c...erfuck_nation/
Except the name, it is work safe. He posts a rant each Monday talking about how the American economy is doomed due to subprime lending and peak oil. Or he rants about bad architecture and suburbia. I like him because of his curmudgeonly nature. He has some good points, though he is a bit overdramatic with the doom and gloom scenarios. |
Peak oil is the biggest joke of a threat since the population bomb of the 70s... just like we didn't have billions dying of hunger in the 80s and 90s as predicted, we won't have mass shutdown when we hit peak oil for simple reasons.
Once oil becomes more expensive than the alternatives, the alternatives will take over, just like it happened in the past, with horses, steam, etc. People in the oil industry will see loss of jobs, etc, and new jobs will grow in other industries.
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