And to reply to an intelligent post. Thank you, SoS.
Always a pleasure.
But first, another 1982 comparison and the most important:
1982 human pop 4.6 Billion
2009 human pop 6.8 Billion
A mirror of oil production.
But a not very useful one because as the pop stabilizes we will
be talking about other things.
Now second,
Much more than 3X, most certainly. However, this plan meant to make sure that others didn't take advantage of their skills, could you provide a reference please?
the Plan is 1913 to move wealth from the Productive to
the Financial (always done via stripping agriculture but now
with a twist to capture the value of the $ before devaluation).
By the time the Bottom 95% get hold of it, the values been
stripped. See 0% short term to 3.5% Ten year.
The plan has been to offshore the production as well as the waste
while making a social contract with Euro/US Labor.
Wallerstein:
The 1980's can be summed up in a few code words. The first was the "debt crisis," which brought down not only most of Latin America (not to speak of Africa) but also east/central Europe. The debt crisis revealed the degree to which the economic realities of east/central Europe were not essentially different from those of the Third World. The second was the "flying geese" of East Asia - Japan's amazing economic romp through the world-economy, followed by and dragging along first the four dragons (South Korea, Taiwan, Hong Kong, and Singapore), and eventually southeast Asia and mainland China as well. The third was the "military Keynesianism" of the Reagan administration which overcame U.S. recession and high unemployment by enormous government borrowing, in particular from Japan, on the excuse of the reinforcement of military structures, and whose single biggest consequence was the creation of an incredible U.S. national debt. The fourth was the flourishing on the U.S. stock exchange of "junk bonds," which essentially meant enormous borrowing on the part of large corporations in order to make short-run speculative profits at the expense of productive machinery, and causing in turn so-called "downsizing," which meant forcing middle-income strata into lower-paying jobs in the economy.
Third:
You wouldn't be confusing "plan" with "Americans acting like financial idiots" in the same vein as those who proclaim that predatory mortgage lending was the cause of the housing crisis rather than idiots not reading their paperwork now would you?
No. That would be Glass Steagal repealed so that the sky's the
limit on leveraged deals. Only the top quintile could play leveraged games...until 2001, when the home was turned into
an ATM. And then as the Game ran out, more and more
of the less and less (No Doc, No Stated Income, OptARM, AltA's
State AG regulation thwarted by Justice) were brought into the scam. Until...
PeakOil 2005, Arkansas Lumber Mills shut down statewide.
Everyone who could be brought into the Game, everything
that could be monitized happened.
And so now.
Chance? But of course there is a chance, those of us who have actually done it can even explain how. Certainly it wasn't easy, but anything worth doing well rarely is.
You had an education. A family. Your family helped you.
You didn't have to start work until you graduated from
college. That ain't anywhere near the bottom. It takes
generations to move to your level.
To Summarize, the Top 1% have been living off Oil making the Human Pop Explosion while capturing the Wealth of a Dollar
turned into 5 cents.
Now the HyperInflation hidden in $1.4+QuadrillionDerivativesDebt is unwinding(disintegrating)
into a grinding deflation (why the US can't stop house price declines even with pumping $24 Trillion into the system[zero
velocity as banks attempt to repair their balance sheet]).
The Last Depression will now gain momentum into collapse
of civilization by 2025.
Lets see ? Where was I in 82?? Oh yah ,married with children. 
I remember the banker telling us we could borrow all we wanted at 15%. OK you go first. Go in debt and let inflation eat away at the principal?? Works great if your salary keeps up with inflation. Working for a state government bureaucracy with the SEIU negotiating the pay raises I never once got a raise that kept up with inflation and that includes promotions. The best they ever did was a two year contract with 9% each year but the states finances went in the tank and they reneged on the second year. That was the years with fifteen percent inflation. Do the math. 
