Global 'Oil Shock' Rattles World Stock Markets [View article]
Please read "The Long Emergency". Kunstler says that its too late to prevent peak oil chaos by implementing nuclear (or any other alternative). Its very entertaining to listen to the stock brokers on CNBC calling the bottom everyday. The killer is that the effects of $100 dollar oil has not been reflected in the price of consumer goods. When it is the "business as usual" guys are going to find out how serious this mess really is.
Global 'Oil Shock' Rattles World Stock Markets [View article]