Thoughts on Peak Oil This Week?
Post your thoughts on peak oil this week. It went up, then it crashed back down again. The stock market crashed. The currency markets are all kinds of crazy and the dollar keeps weakening. Reactions to the UK riots and the US President's lowest economic approval rating for any president in the last century, including Herbert Hoover, have caused world stock markets to reverberate with crashes, one feeding another, day after day. DOW is below 11,000. Markets fall 3-5% per day. This is a world economy that is shrinking. Finally the bubbles are bursting.
So, what are your thoughts?
So, what are your thoughts?