Thursday, July 3, 2014

Connecting some important dots

  • Cheap oil is gone. Every day the mix of oil on the market is a little more expensive. This is because every day it takes more energy to get oil - falling net energy.
  • Complex economy, especially car-dependence, is no longer sustainable.
  • Financial system is being propped up by debt and money-creation.
  • Capital formation has stopped. 
  • The only way to get more capital is to take from other countries by war. 
  • Or take from the people by austerity and high unemployment.

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