master_rb wrote:i base my opinion on visiting this site often, i see a lot of problems with people posting in "wrong" places because of not relating to PO, from what i've observed economics is a huge part of PO and can't be left in open forum, it's just too imporant, either get rid of the constraint on economics forum or create a new forum for non-PO related economic discussion
The subject of peak oil is large. By subdividing the problem into smaller parts, it becomes possible to consider different aspects of peak oil and the impact thereof.
Mixing general economics into the regular economics forum tends to dilute, and thus detract from, the usability of the resource for the intended purpose.
Subdividing the open forum into some arbitrarily large number of sub-forums evades the key focus of the site - that being peak oil.
If someone posts in the wrong forum, the thread is transfered to the correct forum. That hardly seems problematic.
As for the prime drivers - the U.S. economy is poorly managed. We have large trade deficits, a chronic budget deficit, and few real prospects of changing those realities. We have, to date, subsidized lifestyle with borrowed money. This can lead to nothing but debasement of the currency; which creates incentive to disinvest in dollar denominated assets.
All of which makes my precious metals oriented assets appreciate. So I suppose it's all good.