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Let's be honest with ourselves. It's all subprime. We're just watching one domino of many slowly start to tumble. Every developed or developing nation is going through massive amounts of stimulus at a time of record deficits. All trying to keep the Global Financial Ponzi scheme from...

The field of Economics is merely a rationalization for legitimizing theft. (i.e. government "re-allocation" of society's wealth and losses) Where the various schools differ is who/which class gets a nice chunk of an organized society's surplus and who/which class gets stuck with the bill...

Wow... people still don't get it. There are two issues here. Peak Oil is one thing.... when (the timing) oil peaks is another issue. We could be past peak, we could be approaching peak, or peak could be another 50 years away. No one knows until a significant amount of time passes...

You're welcome. And to those that think this is merely a scaremongering video - it's not. This presenter is a petroleum engineer and covers many topics related to oil. If you are not familiar with different types of oil recovery technologies, this presentation is a good intro into that topic.

Please explain to us simpletons how you arrived at the 150 yrs left of oil number. Also, please explain what phenomena best describes the fact that the USA was the world's leading exporter of oil, but now is the worlds leading importer of oil. And why US oil production has diminished over...

So you're saying that the world will never run out of commercially viable oil and the price will never go above say, $100.00 bbl... forever? Gee, I hope you're right.

This is probably the best presentation I have seen oil reserves and future projections. It is given by Stanford's Roland Horne, professor of petroleum engineering and Thomas Davies Barrow Professor in the School of Earth Sciences. It's about an hour long, but if you are really interested in...

I think it's funny how some of the old hats here dismiss a collapse because they never saw one materialize after all the warnings they've heard in the past. The story about the boy who cried "Wolf!" one too many times, is instructive. Let's review the story about the boy who cried wolf. A...

1) It is too late for the periphery countries to diversify their economies. The countries that became manufacturing powerhouses after WWII were Germany and Japan - and that was by design post WWII by the Anglo American victors. Coincidentally, they were also stripped of military power...

I'll admit... that's a clever response. But you were long overdue with a rational or clever response in this exchange we just had.

yeah? What's her name?

Let me guess... you know who the "true" god is, right?

Actually, I was raised Greek Orthodox. Our priests get to marry and have kids. No anger here. Church aint a bad place to hang out and be part of a community actually. But I don't drink the kool-aid either. And another thing. If there were DNA paternity tests back in the day, would...

Get your boy to part the Red Sea (while it is videotaped) and I'm on board. Kind of a coincidence that most religions have tales of incredible miracles before the invention of the camera, huh?

Not at all. Agnostics don't make a decision about the existence of god without facts. How do you know there is a god? What if there are/were many gods? Which god amongst the various religions is the right one? Most theists claim to know these answers. That's arrogance.

The agnostic merely lacks the arrogance to believe 100% in a deity.

I thought the exchange between me and achilles28 was actually kind of witty... and achilles28 held his own. Anyway.... most successful people I know frequently go off the deep end. No worries.

achilles28 using a cutting edge seismic imaging tool to find the abundant yet apparently elusive abiotic oil fields:

Which one are you?

I was assuming arguendo... for argument's sake, it's a debating tool - are you that thick? I said that regardless of oil's origin, wells deplete and so too do regions of the world that contain oil. You see, there are two issues. 1)Oil's origin 2)production/supply and resource depletion as...