The world is post-peak-oil. That means that the supply has outstripped demand, which in turn means the price will go up and up. This is far more serious than the global banking crisis and is being ignored by our so-called leaders. The world economy is heavily reliant on oil with transport, pharmaceuticals, plastics, global markets, and food production all highly dependent on it. I think it is imperative that we move to a stable 0% growth, no-oil economy, using the Transition Town concept.
The world is post-peak-oil. That means that the supply has outstripped demand, which in turn means the price will go up and up. This is far more serious than the global banking crisis and is being ignored by our so-called leaders. The world economy is heavily reliant on oil with transport, pharmaceuticals, plastics, global markets, and food production all highly dependent on it. I think it is imperative that we move to a stable 0% growth, no-oil economy, using the Transition Town concept.
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