Greenspan, Greenback, Green Thumb
The most infuriating thing about the looming economic crisis the United State is presently enmeshed in?
It has nothing to do with Peak Energy.
It has everything to do with radicals in the White House and the world bank aligned Greenspan. In 2000, I actually thought that Bush would make a decent president in the fiscal sense, if he was anything like his father. And didn't Clinton blaze a compelling trail of fiscal conservatism?
By 2007, with the world economy wobbling drunkenly and the US perhaps in Depression, Peak Oil will be a tremendous haymaker punch to finish us off. If Real Estate hasn't crashed by that point, it won't be long.
posted by JMS @ 3:09 PM
3 comments
3 Comments:
One word: Puritans
This comment has been removed by a blog administrator.
WHT - thanks for the link. Administrative nihilism indeed!
Santos, thanks for your comments. I fear the evolution of AIDS; it may drive human evolution in the end. We're running that experiment. I am actually not as pessimistic as some of the other things you mention because I have come to think that peak oil is the bitter but necessary medicine for these maladies. After the black death in Europe, there was a lot of good living.
I just hope we learn some useful lessons, pick up some useful memes, and have a great party in 2035. Oil Barons won't be invited.
Post a Comment
<< Home