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Old 12-02-2020, 05:55 PM
coksiw coksiw is offline
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Predicting a -70% population drop in the US by 2025, and a tremendous drop in military expending:

https://www.deagel.com/forecast


This authors attributes it to Oil production collapse:

https://www.theamericanconservative....in-the-future/



It seems a little bit fantasy to me, but I do know oil production changes can be catastrophic to the economy, and can happen suddenly.

I think if the gov't envisions the situation in time, it could smooth it out by subsidizing the oil industry to make it "profitable".

Last edited by coksiw; 12-02-2020 at 05:58 PM.
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Old 12-02-2020, 06:15 PM
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Esaias Esaias is offline
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Re: Collapse

Folks been talking about Deagel for a couple years I think. Nobody has any hard data on who they are or what they are saying, if they have inside info or if it's total bunk fantasy, or what.

A weird anomaly, in other words.
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Old 12-02-2020, 07:10 PM
Originalist Originalist is offline
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Re: Collapse

There is no oil shortage in this country.
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Old 12-02-2020, 07:40 PM
coksiw coksiw is offline
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Re: Collapse

Quote:
Originally Posted by Originalist View Post
There is no oil shortage in this country.
It is not shortage. It is extraction being more costly than the price they can sell it for, increasing the possibility of a crash and then a drop in extraction.

The correction could shake the economy badly, unless the gov’t smooths it out with subsidies by printing money.
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Old 12-02-2020, 07:59 PM
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Evang.Benincasa Evang.Benincasa is offline
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Re: Collapse

Good God from Zion!
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Old 12-02-2020, 08:15 PM
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Re: Collapse

Peak oil is a myth. Oil is produced within the earth.
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Old 12-02-2020, 09:04 PM
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Evang.Benincasa Evang.Benincasa is offline
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Quote:
Originally Posted by Esaias View Post
Peak oil is a myth. Oil is produced within the earth.
Thank you

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Old 12-03-2020, 01:13 AM
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Re: Collapse

Republicans and Democrats doing what Republicans and Democrats do - Selling America out to foreign interests:

https://www.twitter.com/SenKevinCram...05368952934408
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Old 12-03-2020, 10:46 AM
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Evang.Benincasa Evang.Benincasa is offline
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Quote:
Originally Posted by Esaias View Post
Republicans and Democrats doing what Republicans and Democrats do - Selling America out to foreign interests:

https://www.twitter.com/SenKevinCram...05368952934408
What! But I thought the Republicans were the Avengers, led by Captain America! Yibambe!

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