meet Big V
Saturday, April 30th, 2005Re: the coming oil crash, the site linked below (and others like it) make a four-part disaster argument: 1. we’re going to run out of oil, and soon; even sooner than that, the price of oil will go way up. 2. we won’t be able to replace that oil with “alternative energy sources,” not soon and maybe not ever, which means that our lifestyles will have to change (especially in America, less so in Norway) and our standard of living will decline. 3. world financial markets will respond to 1. by tanking suddenly, like 1929-31 but much worse, rather than through any more gradual or managed adjustment; this means the changes in 2. will occur suddenly as well. 4. given 1., 2., and 3., civilization will pretty much come to a halt.
1. and 2. seem well-supported and virtually inarguable.
3. and 4. seem plausible, but speculative.
Now distract yourself with a cool photo (via Paul) of Big V.