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Capitalism: Titanic and idiots
  • Gail Tverberg keeps publishing same bullshit again and again considering energy, debts and capitalists elites.

    The new crisis can be expected to be “Peak Economy” instead of Peak Oil. Peak Economy is likely to have a far different shape than Peak Oil–a much sharper downturn. It is likely to affect many aspects of the economy at once. The financial system will be especially affected. We will have gluts of all energy products, because no energy product will be affordable to consumers at a price that is profitable to producers. Grid electricity is likely to fail at essentially the same time as other parts of the system.

    Yes, and she loves the system that behave like this :-)

    Imagine yourself Titanic quite near iceberg. It just do not have captain and rudder was privatized and sold by parts. Just bunch of drunken sailors who decided to throw away many low deck passengers in hope that Titanic will become lighter and will fly other the iceberg. Yes, I know, no need to search for logic here. But they believe in this.

    So such experts as Gail run around and declare that if they will present two more Sneakers bars to passengers the problem can be solved and it will fly, but they are not fully sure and may be if they will give them 4 Sneakers bars it will sink and they could make it under the iceberg. Also, no need to search for logic here. It is just more like attention attraction.

    It is always sad picture to see experts trying to save order they like, order that is regressive, dangerous and order that can't be saved, they won't be able to stop history and progress.

  • 2 Replies sorted by
  • Beware of anyone who predicts the future......

  • Beware of anyone who predicts the future......

    You mean beware of any life? As each progressive stage in nature and each progressive step in society is directly related to better future prediction and not only this but last society progress sis directly related to ways of not predicting but shaping the future. :-)