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Old 10-24-2018, 07:10 PM   #3467 (permalink)
aerohead
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economy

Quote:
Originally Posted by sendler View Post
But they are correct in their understanding of the relationship of energy and economy where they realize that our current debt based system cannot tolerate any major reduction in access to energy that curtails the growth that is necessary to cover the long term interest payments without which the world monetary system will crash and wipe out all savings and starve a billion people.
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Unless we find a whole new way toward an equitable de-growth society.
Yeah,it's all they've known.And there's no public discussion for a devolution,reverse-growth deconstruction.
We built all this on 'cheap' energy,and those days are over.We don't know how large the plateau of peak production is,but liquid hydrocarbons are only going to get more expensive to extract and geopolitics are especially interesting in light of the recent Saudi implication in murder.They've been the defacto 51st State of the US since 1945.
They're single-handedly responsible for killing alternate energy in the US,as best they could.Production is running flat out,trying to kill off TESLA with cheap gasoline.
It's the beauty of relativistic humanism.No ethics.No morals.Just dominance through intellectual sovereignty,even if you have to sell all your neighbor's hide to maintain hegemony.Sophist Sociopaths.
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