High energy prices are not going to decline anytime soon, which makes me fear that the global economy is heading into a long-term recession/depression. Politicians keeping telling us that “everything is okay,” but I am not buying their explanation – the “Tinkerbelle economy” is failing.
Conversations about peak oil are not happening in the mainstream media or in the public policy sphere, which is highly disturbing. Americans will not make fundamental changes in their lifestyle until they believe and accept the reality of peak oil, via education or economic necessity.
Educate yourself and read these posts:
- I Don’t Believe in Market Fairies: The Tinkerbelle Economy Starts to Falter
- Our Tails Get In the Way: The Problems and Principles of Energy Descent
- SUV-Trade-In-Values-Plummet
- A Tax Cut Won’t Cure The Pain In Our Gas
- Mainstream Media Covers Gas Crisis
- High Gas Prices Aren’t Creating More Bikers
