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Life After the Oil Crash
Deal With Reality or Reality Will Deal With You
Editor's Note: Follow Up to Last Week's Bombshell Regarding the IEA's Intentional Obfuscation of Peak Oil, "Reality has become too dangerous"
By now, just about all of you have heard about the bombshell dropped by an IEA insider regarding the agency's fear of setting off panic should they issue accurate estimates of the world's oil reserves. If you missed it, just check last Wednesday's LATOC Breaking News Update.
Yesterday, the UK Guardian published a follow up regarding the World Energy Outlook report. An excerpt:
This all seemed pretty gigantic news to me but . . . did it cause headlines around the world? No, no, no.
The fear is that panicky markets can cause enormous damage, panic buying that prompts fights over resources, which in turn could lead to power cuts in some places and other such mayhem. But so far in facing this huge challenge, our political/economic system seems unable to cope with reality. We are forced to carry on living in an illusion that we have so much time to adapt to post-oil that we don't even need to be talking or thinking much about what a world without plentiful oil would look like. Reality has become too dangerous. Source
For those of you interested, we're discussing the Guardian article over at the LATOC Forum.
War on the Middle Class:
Collapse of Employment:
Real Estate Collapse:
Financial Collapse:
Gold, Silver, Precious Metals:
Most Important Articles from Yesterday's Update:
Articles from the last few months worth a second look:
Great survival and disaster preparedness books:
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