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I must say that I feel like a dear in the headlights of an oncoming truck speeding down the expressway. Through my own education and analysis, I actually predicted, back around 2003-2004, that our economy was nigh for an economic collapse. Change globally, the trade deficits, the behavior of the FED and the inability of traditional monetary and fiscal policies to stimulate growth, played a big role in my conclusions, although not limited to those reasons.
Peak-oil was another phenomenon that caught my interest back in the early part of this decade. The theory was sound. Exponential population growth and energy demand vs. finite petroleum logically meant that at some point we would reach theoretical peak what I did not know and cannot know is what reserves actually exist in the ground at this current time. However, studying the behavior of China, India, the USA and other signs, I was led to believe that the era of peak oil was nigh.
Despite having forewarned myself. I have not been able to adequately move out of the way of this truck. I took a job that I thought would be more recession resistance, but my employment is hardly secure, although I am thankful I am still working. I radically reduced my debt, only having a mortgage payment. However, you cannot allocate all your resources to preparing for economic collapse….because you will collapse your own life before prematurely. One thing that I am glad of, unfortunately, is that most people have their heads in the sand and don’t really know how bad things really are. If they did know, it would impact their behavior in such a way that it would collapse the economy sooner, rather than later.
I've brought this up before too. It seems perfectly clear to me the powers that be expect it to happen in this decade, yet are reluctant to tell the unwashed masses. Scary stuff... REALLY scary stuff...
Resource wars..you don't think every other country wants their hands on that oil too ?
China is investing all over the world in commodities, including oil. They have cash and just buy their way in. We have guns and seem to want to shoot our way in.
Resource wars..you don't think every other country wants their hands on that oil too ?
China is investing all over the world in commodities, including oil. They have cash and just buy their way in. We have guns and seem to want to shoot our way in.
That is an over simplification. This is just a continuation of GW's axis of evil. I don't see this as a resource war. Did we get Iraq's oil? We could be buying our resources if we wanted to but we don't because a very small number of people want to make huge profits form cashing out the middle class in America. People will get rich or continue getting rich off of a war with Iran. Follow the money. There is the answer.
I must say that I feel like a dear in the headlights of an oncoming truck speeding down the expressway. Through my own education and analysis, I actually predicted, back around 2003-2004, that our economy was nigh for an economic collapse. Change globally, the trade deficits, the behavior of the FED and the inability of traditional monetary and fiscal policies to stimulate growth, played a big role in my conclusions, although not limited to those reasons.
Peak-oil was another phenomenon that caught my interest back in the early part of this decade. The theory was sound. Exponential population growth and energy demand vs. finite petroleum logically meant that at some point we would reach theoretical peak what I did not know and cannot know is what reserves actually exist in the ground at this current time. However, studying the behavior of China, India, the USA and other signs, I was led to believe that the era of peak oil was nigh.
Despite having forewarned myself. I have not been able to adequately move out of the way of this truck. I took a job that I thought would be more recession resistance, but my employment is hardly secure, although I am thankful I am still working. I radically reduced my debt, only having a mortgage payment. However, you cannot allocate all your resources to preparing for economic collapse….because you will collapse your own life before prematurely. One thing that I am glad of, unfortunately, is that most people have their heads in the sand and don’t really know how bad things really are. If they did know, it would impact their behavior in such a way that it would collapse the economy sooner, rather than later.
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