I think we have left the bumpy plateau and are entering the spiky plateau. Volitility on every front will get wilder and wilder.
at location of quote
I think we have left the bumpy plateau and are entering the spiky plateau. Volitility on every front will get wilder and wilder.

Linkjboogy wrote:All they have done is put another band-aid on top of all the other bloody band-aids, the infected boil is still there, and it will have to be lanced eventually. Hopefully they use this borrowed time to try to minimize the pain and bleeding when they do finally drain the pus. Regardless, this is going to leave the mother of all scars when it's all said and done.

Narz wrote:If "it's bunker time" why the fark do you care about the price of gold? You evolved some enzyme that lets you digest the stuff?


allmeyer wrote:Don't freak out if you go to your bank on Monday and it is closed. It's Columbus Day.



Not everyone can head for the hills. For one thing there simply aren't enough hills to go around. Peak Hills??

LinkPeak Oil may turn out to be like Hotel California.
"You can check out anytime you like, but you can never leave"

I'm facing a lot of hard work to be sure, but what is tougher-carving a sustainable farm out of the wilderness or trying to pay your bills on what Wal-Mart is going to pay? I'm willing to change my lifestyle, my home, and my patterns of behavior, and I am doing it intentionally rather than waiting for societal paradigms to collapse around me, forcing me onto the streets or worse, into the camps.
Failure to take action is to invite disaster.


PenultimateManStanding wrote:Doesn't matter. Globalism is dead. The financial unraveling around the globe spells the end of debt financing, or Ponzi Finance. Iceland wants to borrow money from Britain so they can pay back Brits who have money in their dead banks. Says it all, doesn't it? Now it's spreading all over the place. Soon the US will not be able to afford a military stretched around the world. Soon there will be no tankers bringing us oil. The Nations will look inward with fear and trepidation at their own social order and pull in all their assets from abroad. These assets will be useless in crumbling economies. It's already started and it's escalating. Al Qaeda can bluster all they like and say they caused it, but that's a load of crap. The War on Terror's price is dwarfed by the cost of this financial crisis which was bound to happen anyway. Al Qaeda or no Al Qaeda.

diemos wrote:It's funny that everyone was worried that the physicist at the LHC might create a black hole that would destroy the planet. They should have been worried about the physicists who left the scientific field to go work on wall street. They actual did manage to create a financial black hole by messing around with derivatives and now it's sucking in everything around it.


RapaNui wrote:Zardoz is no Zellpuz. Palin was a brilliant pick. Nany could have been better. Added zest to the bomb in making. McCain was and is unelectable. Old fart. Stupid. Boring. Who wood 'av bin bettor? Who? Some old white Guy? So that's the ticket brother? Two old white guys? McCain losing is no evidence with regard to Palin.
Admit it weezes.
Admit it.
You 1st Zardooze. You first.
Than Youz, Ludes. You second.
Then the rest - like Prof and MaryAnn - you third.
Each of you whooze claim this bunk, have los cajones to admitter that you dislike her.
It's the source of your lie, at least tell zez truth about it.
You are too insecurez to admits your issue - so instead of just gritting your teeth and pounding your thin fists and pouting, you trial to blame her for McCane's BOMB. Sad.


galacticsurfer wrote:Maybe I should learn to read tea leaves and chicken guts to figure out oil price/stock markets trends. It would be as effective as black scholes theory and all the rest which are getting us nowhere fast in a black swan future.



Revi wrote:Treebeard's Uncle about SUV's:
This whole idea of having obese entitled endebted isolates driving around in circles is pointless.
The economy here consists of folks going into debt to waste fossil fuels to produce garbage. In the process most of them just get older, fatter and uglier and more in debt and a few administrators and ceos etc get lots of green paper.
Am hoping this po dust-up tanks suburbia. GM is already scrapping a 2 billion dollar program to make new slobotomobiles for ugly obese morons.

dohboi wrote:But mostly, we have to stop UN-sequestering all that carbon that has been safely squirreled away by the earth (in its infinite wisdom)in the forms of oil, gas and coal.
Working on improving the situation a little with sequestration while we make the situation much much worse every day by extracting and burning stupendous quantities of safely sequestered carbon is...well, what is it. Insanity? Suicidal idiocy? BAU?...

virgincrude wrote:Just this week there have been a few reports that finally got me agreeing with some of the doomer's scenarios around here: first the IEA report, which although has been given a positive spin, assumes a massive injection of investment if we are to simply stand still, while also assuming the discovery of as-yet undiscovered fields. To call for massive investments at precisely the time the finances of the world are gripped by panic and inertia, gives me very little reason to hope for a slow crash.

ReverseEngineer wrote:The Banking Industry doesn't need ANY workers. The whole industry can be run by Henry Paulson from his Laptop. He can write checks to himself, borrow from himself at Zero Percent and charge himself 18% interest on the money he borrows to make zillions on the money Ben printed for him yesterday.
It only stops working when he can't afford to buy any more ink.

I think this is the beginnings of an economy based on perpetual growth and fossil fuel energy running headlong into geological energy constraints. Basically I see an undulatory downward path for the rest of my life. From here out, I think any rallies in our economic condition are going to be met with spiking commodity prices that knock us right back down.

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