Re: Financial topics
Posted: Sun Mar 10, 2019 11:39 am
I've been wrong about this more times than I can count over the past 10 years, but my opinion is "Get Your Crash Helmet On"
Generational theory, international history and current events
https://gdxforum.com/forum/
Higgenbotham wrote:William PlayfairWilliam Playfair wrote:As in the hall, in which there has been a sumptuous banquet, we perceive the fragments of a feast now become prey to beggars and banditti; if in some instances, the spectacle is less wretched and disgusting; it is, because the banquet is not entirely over, and the guests have not all yet risen from the table.
An inquiry into the permanent causes of the decline and fall of powerful and wealthy nations
1805
http://books.google.com/books?id=MLvIAA ... &q&f=false
Higgenbotham (December 2, 2011) wrote:A Distant Mirror: The Calamitous 14th CenturyBarbara Tuchman wrote:
The times were not static. Loss of confidence in the guarantors of order opened the way to demands for change, and miseria gave force to the impulse. The oppressed were no longer enduring but rebelling, although, like the bourgeois who tried to compel reform, they were inadequate, unready, and unequipped for the task.
1978
https://ourfiniteworld.com/2019/02/22/h ... peak-coal/It looks quite possible that we have reached both Peak Oil and Peak Coal, approximately simultaneously. This is a frightening situation, because it could be an indication of collapse in the next few years. This would likely be much worse than the Depression of the 1930s.
Higgenbotham wrote: > The peak oil crowd was tracking this religiously around 15 years
> ago in anticipation of a 2005 or 2006 peak. At that time, as I
> best recall, insiders in the industry were saying 2015. Now Gail
> is the only one I know of in the blogosphere who is still
> religiously tracking and analyzing these numbers, and I think she
> will be right about production having peaked in late 2018.
>