As I just said two days ago here, we are almost definitely heading into a real and major oil shortage right away. The reason this is so bad is because the world came to believe in a notion called "economics", and the basis for this belief is "growth". This crazy idea of using "growth" as a measure of success of governments and groups and enterprises has always been wrong and suicidal. But the myth was able to persist all through the 20th century and up until today because consumption of fossil... read more
