patrick.net

http://kunstler.com/blog/2012/12/forecast-2013-contraction-contagion-and-contradiction.html?source=Patrick.net

The people who like to think they are managing the world's affairs seem fiercely determined to ignore the world's true condition -- namely, the permanent contraction of industrial economies. They just can't grok it. Two hundred years of cheap fossil fuel programmed mankind to expect limitless goodies forever on an upward-swinging arc of techno miracles. Now that the cheap fossil fuels have plateaued, with decline clearly in view, the hope remains that all the rackets of modernity can keep going on techno miracles alone.      Meanwhile, things and events are in revolt, especially the human race's financial operating system,...