@teknomunk @confederatehobo @ImperialAgent @Ottovonshitpost @nugger @jeffcliff
So your solution is what every socialist nation has tried to do
@teknomunk @confederatehobo @ImperialAgent @Ottovonshitpost @nugger @jeffcliff
You would have to accept a lower standard of living, and slower technological advances as a trade off though. This idea if everything being localized has been tried, mostly by so called "socialist" countries
@Ottovonshitpost @confederatehobo @ImperialAgent @teknomunk @nugger @jeffcliff
Maybe, maybe not. How bad do you think it's going to be?
@Ottovonshitpost @confederatehobo @ImperialAgent @teknomunk @nugger @jeffcliff
Yes, but again that has happened before and people discovered new resources to use, or made improvements in technology to get existing resources cheaper
@nugger @confederatehobo @ImperialAgent @Ottovonshitpost @teknomunk @jeffcliff
remember back in the 60's when they claimed we had only 40 years of oil left, how'd that turn out
ALL THE ELEPHANT FIELDS HAD BEEN TAPPED BY THE 50S
BY 60S NEW DISCOVERIES SLOWED TO A CRAWL
SEVENTIES WERE ROUGH, THEN THE REAGAN ERA DISCOVERIES TIDED US OVER THROUGH 80S AND 90S ALTHOUGH ON THE PRICE LEVELS OF THAT 70S PEAK
PRODUCTION AND INDUSTRY SHITTERED, ECONOMY WAS FINANCIALIZED TO HIDE THAT AND PROP UP DECLINE WITH FAKE PAPER GROWTH
IN 05' WE'VE HIT THE PEAK ON CONVENTIONAL OIL AND NO NEW DISCOVERIES CAME
PRICES HIKED, MONEY WAS SHIFTED AROUND AGAIN TO PROP THIS UP, 08' ECONOMIC CRISIS FROM HOUSING MARKET FROM PRECARIOUS OVERFINANCIALIZATION
HIGH PRICES AND ARTIFICIALLY CHEAP DEBT MADE SHALE DRILLING ECONOMICALLY POSSIBLE, AND HERE WE ARE
IN A FEVER DREAM, SCRAPING BY ON DWINDLING SCRAPS AS THE PRICE NEEDLE JUMPS UP AND DOWN