DesuMaiden wrote:dolanbaker wrote:Not in my lifetime anyway, I expect it to take more than 60 years before oil production declines to anywhere near that level, by then human activity will become a lot less "energetic" due to future energy constraints.
It is happening as we speak. The world is peaking in oil, and as a result the economy will collapse.
Oil is one of many fuels that power the economic engine of the modern world, economic activity will shrink as the energy input reduces and there are no more gains from improved efficiency.
The economy will decline, in an ungainly and unpredictable way, a bit like a drunk going downstairs, but it won't collapse!
Things like the carcentric suburban lifestyle will fade as the availability of fuel shrinks, electric cars will slow down that decline, but eventually suburbs will give way to satellite towns.
Religion is regarded by the common people as true, by the wise as false, and by rulers as useful.:Anonymous
Our whole economy is based on planned obsolescence.
Hungrymoggy "I am now predicting that Europe will NUKE ITSELF sometime in the first week of January"