The Dark Years

10 Signs of a Recession

A valuable, thought based opinion from "wildhawk" of which Seeking Alpha needs more. Less of the political opinions filled with rage and loathing from both sides would be useful.

Seeking Alpha ought to be more or less dedicated to discourse about intelligent and productive investing ideas and thoughts. While it is true that political views are part and parcel of the investing scene and whom the next resident of the White House is will have a lasting effect on the economy many of the views offered are "talk radio" inspired. Seeking Alpha ought to limit, and or temper in an editorial fashion a good portion of the discourse to maintain creditability.

That having been said I offer this thought of my own. The essential problem of the economy, the debt/credit crisis, housing declines, the sinking dollar, etc., stems from one thing alone, and that is the advent of PEAK OIL. This is not a Republican or Democrat thing, nor is it Detroit's fault. It is OUR fault as a nation that has used energy, cheap energy in a profligate manner (along with the rest of the world) since the beginning of the eighteenth century. We are about five percent of the worlds' population and we use fully twenty five percent of the oil produced to run our economy. With world oil production peaking and then declining within the next few years the world economy will suffer along with the US significantly. Our investing and other thoughts should be focused on cooperative solutions to mitigate the biggest problem humanity has faced. If all of us, Republicans, Democrats, Right, Left, Conservative, Liberal, Evangelical, radio talk show host, or otherwise continue being so divided and unwilling to compromise we are doomed to a radically changed future.