Collapse

[coksiw]

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".

[Esaias]

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.

[Originalist]

There is no oil shortage in this country.

[coksiw]

Originally Posted by Originalist

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.

[Evang.Benincasa]

Good God from Zion!

[Esaias]

Peak oil is a myth. Oil is produced within the earth.

[Evang.Benincasa]

Originally Posted by Esaias

Peak oil is a myth. Oil is produced within the earth.

Thank you

[Esaias]

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

https://www.twitter.com/SenKevinCram...05368952934408

[Evang.Benincasa]

Originally Posted by Esaias

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!