As I said, we are on a crumbling ledge, and unless some really smart people come up with a really new idea, and leaders with really strong character drive it through, America is going down. We only function because China, Japan, and other foreign countries buy up our Treasury bonds to give us debt to finance our system. They stop buying, we stop functioning. If the world stops needing oil, or stops needing dollars to buy oil, the world stops lending us money, and our system grinds to a halt quick.

There is no methadone for the energy changeover. It’s going to hurt. If we stay on petroleum, we get a century of oil wars then the ecosystem collapses and a lot of the world becomes unlivable, then the dollar along with everything else collapses. If we get off petroleum and go to renewables, nobody needs dollars to buy oil, the currency collapses, our economy crumbles, our military starves, and America becomes a poor debtor nation nobody fears. The bright side of the latter option is that maybe then the ecosystem doesn’t collapse and you can at least go work as a garbage man in a rich Arab country or perhaps a maid in China.

You don’t like this? Want to know what to do? Get off the sinking ship. Diversify yourself globally. Get your assets in Euros. And for God’s sake, get out of the US housing market. That’s going to be a disaster before your kids finish college (that’s another primer in basic economics – perhaps some other day). Once you’ve done that, work for a move to renewables even if it does tank America – at least you won’t be going down with it, and you might still have a pleasant planet to enjoy your retirement on.

As for Petroleum Oil An Organic Renewable Resource, yes Chris, it is. It just takes millions of years to renew itself, and it’s your bones it will make itself from, so it’s not much of a solution for this century.

The ecosystem’s falling apart – everyone who’s not illiterate or delusional now recognizes that. And America’s at the precipice with no one yet sure of how to back away from the edge – everyone with a bit of economic understanding beyond the undergrad level recognizes that. We might be able to battle on for a few more decades before our borrowed Petrodollar-dependent system collapses, but I wouldn’t go buying my retirement home in the US, and I wouldn’t buy it a low-lying coastal area.

As I said, we are on a crumbling ledge, and unless some really smart people come up with a really new idea, and leaders with really strong character drive it through, America is going down. We only function because China, Japan, and other foreign countries buy up our Treasury bonds to give us debt to finance our system. They stop buying, we stop functioning. If the world stops needing oil, or stops needing dollars to buy oil, the world stops lending us money, and our system grinds to a halt quick.

There is no methadone for the energy changeover. It’s going to hurt. If we stay on petroleum, we get a century of oil wars then the ecosystem collapses and a lot of the world becomes unlivable, then the dollar along with everything else collapses. If we get off petroleum and go to renewables, nobody needs dollars to buy oil, the currency collapses, our economy crumbles, our military starves, and America becomes a poor debtor nation nobody fears. The bright side of the latter option is that maybe then the ecosystem doesn’t collapse and you can at least go work as a garbage man in a rich Arab country or perhaps a maid in China.

You don’t like this? Want to know what to do? Get off the sinking ship. Diversify yourself globally. Get your assets in Euros. And for God’s sake, get out of the US housing market. That’s going to be a disaster before your kids finish college (that’s another primer in basic economics – perhaps some other day). Once you’ve done that, work for a move to renewables even if it does tank America – at least you won’t be going down with it, and you might still have a pleasant planet to enjoy your retirement on.

As for Petroleum Oil An Organic Renewable Resource, yes Chris, it is. It just takes millions of years to renew itself, and it’s your bones it will make itself from, so it’s not much of a solution for this century.

The ecosystem’s falling apart – everyone who’s not illiterate or delusional now recognizes that. And America’s at the precipice with no one yet sure of how to back away from the edge – everyone with a bit of economic understanding beyond the undergrad level recognizes that. We might be able to battle on for a few more decades before our borrowed Petrodollar-dependent system collapses, but I wouldn’t go buying my retirement home in the US, and I wouldn’t buy it a low-lying coastal area.

The important thing to try to do is to find a replacement profit center for these investors — sort of a methadone — who are now invested in fossil fuel.

Organics worked for agribusiness. What will the methadone be for energy?

Follow the money.

Harry is right. Sustainable energy is just stealing from Peter to pay Paul.

It will aid the individuals who are early adopters, but when these initiatives become national or global solutions, there will be just the sort of blowback that Harry mentions.

The market is too smart — and is too interconnected — to fall for the “sustainable energy” solution.

The important thing to try to do is to find a replacement profit center for these investors — sort of a methadone — who are now invested in fossil fuel.

Organics worked for agribusiness. What will the methadone be for energy?

Follow the money.

Harry is right. Sustainable energy is just stealing from Peter to pay Paul.

It will aid the individuals who are early adopters, but when these initiatives become national or global solutions, there will be just the sort of blowback that Harry mentions.

The market is too smart — and is too interconnected — to fall for the “sustainable energy” solution.

In essence, the dollar is no longer gold-backed, it is oil-backed; which has been better for us. Foreign lenders who had accumulated dollars through our voracious borrowing could redeem their dollar notes not at the US central bank for stagnant gold bars, but for constantly-consumed oil, which is the lifeblood of every economy. With no need for the oil that backs dollars, there is no demand for dollars, and the mighty greenback quickly begins to become more like the lowly peso. Indeed, the very pro-US IMF is already now recommending that the dollar should suffer a devaluation to get things back in balance. To oversimplify, if the value of the dollar drops by 50%, we as a nation can only afford to buy half as much stuff as we do now. Could you live on half your present salary? Could your church, school, municipality survive with half their present budgets? What does America look like then?

Just as we can’t afford to have Euro-based oil trading, we can’t afford to have oil replaced by people creating their energy locally from non-commodity-market-controlled sources like sun, wind, waves, etc. If they do, our currency withers and we can no longer afford our powerful military, our brilliant universities, our excellent roads, power, water, and telecom infrastructure, our schools, our well-paid jobs, our vibrant housing and mortgage market…

Are you willing to sacrifice the wealthy, safe America we know for a world living on sustainable energy? Our boys aren’t dying in Iraq for oil, they’re dying for the very survival of the dollar, and thus, the United States.

We’re out on a crumbling ledge, and rushing to renewables will just crumble it faster. Believe me, if the world finds an alternative to oil, the US will become extinct far, far faster than the polar bear. Is that a price you are willing to pay?

For reference, just google things like “Euro oil bourse”, “IMF dollar devaluation”, etc. You have to be able to read some academic texts above a four-grade reading level, but the sobering information is there.

For an easy read summarizing it all, you can start with The Proposed Iranian Oil Bourse By Krassimir Petrov. A touch viscerally America-bashing in his closing paragraph, but otherwise a very imformative primer on the issue.

In essence, the dollar is no longer gold-backed, it is oil-backed; which has been better for us. Foreign lenders who had accumulated dollars through our voracious borrowing could redeem their dollar notes not at the US central bank for stagnant gold bars, but for constantly-consumed oil, which is the lifeblood of every economy. With no need for the oil that backs dollars, there is no demand for dollars, and the mighty greenback quickly begins to become more like the lowly peso. Indeed, the very pro-US IMF is already now recommending that the dollar should suffer a devaluation to get things back in balance. To oversimplify, if the value of the dollar drops by 50%, we as a nation can only afford to buy half as much stuff as we do now. Could you live on half your present salary? Could your church, school, municipality survive with half their present budgets? What does America look like then?

Just as we can’t afford to have Euro-based oil trading, we can’t afford to have oil replaced by people creating their energy locally from non-commodity-market-controlled sources like sun, wind, waves, etc. If they do, our currency withers and we can no longer afford our powerful military, our brilliant universities, our excellent roads, power, water, and telecom infrastructure, our schools, our well-paid jobs, our vibrant housing and mortgage market…

Are you willing to sacrifice the wealthy, safe America we know for a world living on sustainable energy? Our boys aren’t dying in Iraq for oil, they’re dying for the very survival of the dollar, and thus, the United States.

We’re out on a crumbling ledge, and rushing to renewables will just crumble it faster. Believe me, if the world finds an alternative to oil, the US will become extinct far, far faster than the polar bear. Is that a price you are willing to pay?

For reference, just google things like “Euro oil bourse”, “IMF dollar devaluation”, etc. You have to be able to read some academic texts above a four-grade reading level, but the sobering information is there.

For an easy read summarizing it all, you can start with The Proposed Iranian Oil Bourse By Krassimir Petrov. A touch viscerally America-bashing in his closing paragraph, but otherwise a very imformative primer on the issue.