The ENERGY vs ECONOMIC feedback mechanism is now with us for good?
Energy prices UP...economy stalls...economy stalls...energy prices go DOWN?
Cheap energy is not there to fuel the perpetual growth scenario? So the DEBT overhang can't be "grown" away? Add in population growth and the increasing costs to deal with global warming and extreme weather....?
So it looks like there's trouble in River City.
About the only thing that
might save us is that all those people who
believe go ahead and float up into the air...thus reducing the load on the planet.....