Page added on February 9, 2015
Peak oil will cause recessions and even a great depression, at least this is the common understanding of peak oil’s impact on the global economy.
Economist Richard Douthwaite discusses the impact of peak oil on the world economy.
5 Comments on "Peak Oil Causes Global Recession, Depression"
Charlie Bucket on Mon, 9th Feb 2015 8:00 am
This fella need not worry. I just read on NEWSMAX that global warming is a giant liberal hoax. Whew, they really had me going. And the cogent, insightful comment by that website’s readership were very reassuring e.g. “save a seal and feed a liberal to a shark” or better yet “save a polar bear and feed them Al Gore”. NEWSMAX readership seems really concerned about “saving” animals for there not to be any problems.
Ralph on Mon, 9th Feb 2015 8:38 am
Richard died four years ago.
bobinget on Mon, 9th Feb 2015 10:38 am
Karl Marx died 1883
Still, there are folks running round calling themselves ‘Marxists’. There are other examples;
‘Christians’
‘Buddhists’
‘Muslims’
Perk Earl on Mon, 9th Feb 2015 12:43 pm
I couldn’t get the video. It states; This video is no longer available because the YouTube account associated with this video has been terminated.
Makati1 on Mon, 9th Feb 2015 7:28 pm
Peak, I got the same message. Couldn’t be censorship … could it?