Yoshua wrote:Armageddon wrote:AdamB wrote:<yawn>
Yes...we know...Happy McPeaksters have been saying the same thing since this website came online. It would be funny as spit if the end actually came, it had nothing to do with peak oil, and everything to do with bad fiscal management that took place only AFTER the Happy McPeaksters claimed it was already happening.
Broken clocks...etc etc...
I’ve always wondered if this collapse is due to debt or peak oil. I think both are having a race to the finish line. You can always have a debt reset. You can’t have an energy reset.
Energy and machines allows us to produce amazing things...but they also allows us to strip mine the resources. I think that depletion is the end game.
Yes, because:
1). There's nothing deep in the earth's crust.
2). Strip mining means we'll mine EVERYTHING by, oh, next week or so.

And yet, in the REAL world, there are plenty of counter-examples. For just two:
It was recently discovered that MASSIVE MASSIVE formerly unknown rare earth metals deposits were found undersea near Japan. It will be accessed when the demand is sufficient, and the price is right, of course.
https://www.cnbc.com/2018/04/12/japan-r ... cific.htmlResearchers have found hundreds of years’ worth of rare-earth materials underneath Japanese waters — enough to supply to the world on a “semi-infinite basis,” according to a study published in Nature Publishing Group’s Scientific Reports.
(And that's just ONE find, near Japan. Suddenly "rare earth metals" not looking so rare.)
And of course, there's lots and lots of crude oil, including frackable oil. The more we look, them more we find, and of course if there is a relative global shortage for any period of time, which will cause the price to rise to over $100, or even over $150 a BBL, well, then, there's lots more incentive to look and produce, and guess what happens to available crude resources over the next decade or so?
And of course, those two tie together, because hopefully with all the EV activity and all those rare earth metals, we don't even NEED all that oil -- assuming we can get smart enough not to burn it all even if it's cheaper in the short run.
...
But yeah, let's say it's the "end game", just like the doomers have always done, decade after decade, because:
a). They MUST be right this time. And we should believe that.
b). Because technology and how it impacts extraction, conservation, recycling, substitution, and efficiency re the USE of expensive resources NEVER, EVER changes.
c). Because that's what fast crash doomers do, regardless of any data which might inconveniently show otherwise, at least in the short to moderate term.

Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.