The Global Economy Is Finally Realizing That Fossil Fuels Are Finite
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
The cost of fossil fuel extraction is on the rise, highlighting a cold hard truth that the global economy is struggling to deal with
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Collapse is a frightening subject. The question of why collapse occurs is something I have pieced together over many years of study from a number of different sources, which I will attempt to explain in this post. Please share this article - Go to very top of page, right hand side, for social media buttons. Collapse doesn’t happen instantaneously; it happens many years after an economy first begins outgrowing its resource base. In fact, the resource base likely declines at the same time from multiple causes, such as soil erosion, deforestation and oil depletion. Before collapse occurs, the...
Most people expect that the economy of 2021 will be an improvement from 2020. I don't think so. Perhaps COVID-19 will be somewhat better, but other aspects of the economy will likely be worse. Continue reading →