badassbear

Is 'Peak Oil' Already Affecting the Stock Market?

It is hard to believe Michael Levy means his rant above. If he is an investor, I am surprised he still has any capital if he has his head so deeply in the place the sun doesn't shine.

Oh, by the way, you can and should trade water--potable water, like energy, is increasingly in short supply. This all reminds me of the folks who say health care is a right. Yeah, and now energy and food are rights, too?! We seem to have forgotten that it is a very draconian world and though we have a veneer of civilization, we are animals competing for increasingly scarce resources. Things are going to get much uglier and such stupidity only slows our path to making difficult decisions to try to make things better. When will we finally learn that the failure of Communism/Socialism exemplified by the Soviet disaster was not because they screwed up its implementation but because the whole system is idiotic and will never work.