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Getting Closer - The Day of Recognition

Monday, October 26, 2009, 8:53 PM
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Even as the whole world seemingly is transfixed on economic recovery and what the stock indexes are up to, the 800 lb. gorilla in the room has grown to 1000 lbs.

There have been a recent spate of news articles and book reviews triangulating on the topic of Peak Oil, although none quite get to the heart of the problem, and I think it would be wise to keep the issue of oil and energy directly in view.

The first article I’d like to draw your attention to shows that, for a rapidly industrializing country, even the most destructive economic crisis in generations is not enough to halt consumption growth.

 

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