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    Re: The End is Nigh (Score: 1)
    by Rastahal on Saturday, August 13, 2005 @ 13:27:51 UTC
    (User Info | Send a Message) http://truthbells.com
    Hi, Sparks,
    Thanks for the feedback..keep it coming!

    I'm speaking of economic growth in this country, not individual businesses. I agree with you that large businesses can be stable with little growth and be successful.

    What I'm saying the "present" US economy as a whole cannot remain static for our economic survival. Again, it has to grow or it will fail. Talk to any economist, they will say the same thing. To not grow is to die. This is simply the way our economy has been designed, for better or worse.

    I believe we CAN have an economy that's sustainable without the built-in growth factor but it's a lot like telling someone addicted to heroin that life will still be rosy the day after they kick the habit.

    The truth is...withdrawals from such a terrible addiction are very hard to live though, as we all know. Yes, the user survives but life is indeed hell for awhile.

    Well, as you know, we are now addicted to oil. And, our economy has become addicted to the kind of growth that plentiful cheap oil has given us.

    Yes, we will survive but life as we know it will change drastically as we struggle to get over our addiction.

    Once our supply of oil is outpaced by the demands of our economy, our economy will fail. It's as simple as that!

    Reminds me of the Saudi saying...my father rode a camel, I drive a car, my son flies a jet.......his son will ride a camel.

    Peak oil is here now...and the proof of these words will not be long in coming.

    Peace,
    rh


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