Lots of focus right now on the financial markets, Central bank intervention ect. The real McCoy however is in fact limits, not in the financial world, thus financial measures cannot really solve the problem as were just throwing good money on bad and thus escalate the capital destruction process further. Instead there are actual limitations in the real world that in a very uncompromising way dictate our future.
What actually is needed now is to totally and completely forget about the financial markets as they have show to be absolutely dysfunctional in any way you see it in terms of providing good real investments, real pricing mechanisms and efficient recourse allocation.
In fact the financial as well as monetary system as we know it today is nothing but a mirage. Fine if you want to invest and speculate in a mirage but then be prepared it will at one point be taken away from you - completely.
Rather than discussing how to now try to in more and more acute manners fix what in reality is broken we need to focus on how we should use our money (what’s left of it) in order to invest in new infrastructure in the real world as the post oil era now has begun.
Jeffrubin - 3 minutes on the effects of Peak oil to Globalisation.
http://www.youtube.com/watch?v=DGjYQyMfqIY
Peak Oil and Economic Contraction
http://www.youtube.com/watch?v=ejHjxJ4MhNM&NR=1
Fatih Birol (IEA) interview (Catalyst - Oil Crunch, ABC TV)
http://www.youtube.com/watch?v=iKkISqOCnVA&feature=related
One example would be how to produce our food by rediscovering the photosynthesis and natural inputs like e.g. rain rather than tractors, plowing and pumping up ground water. As an added benefit nature then will be gradually healed and brought back to a sustainable system.
The Amazing Benefits of Grass-fed Meat
Converting cropland to perennial pastures produces healthier meat, builds better soil and combats climate change
Read more: http://www.motherearthnews.com/Sustainable-Farming/Grass-Fed-Meat-Benefits.aspx#ixzz1UQ0ZZVmw
Its in fact not only Peak Oil that will dictate our future, we have depletion of Ground Water as highly efficient diesel engines and drilling techniques allow for more water deeper down in the earth crest further down to be exploited, we also have an alarmin situation regarding sweet water were all natural sweet wates lakes world wide dissapears at an alarming pacee, we have world vide Top Soil depletion as more and more efficient agricultural methods makes the soil vulnerable for wind and the sun as well as less and less nutritional, we have soon depleted most fish in the oceans so that the fishing industry in fact will have gone extins as we know it within already a 40 years period.
These are just a few examples on how the real world to a larger extent from now on will dictate the type of world we live in and that regardless of what interventions are made by central banks and what happens in the financial system.
Topsoil depletion has been the cause for the demise of many great civilizations. It is believed, for example, that the Sumerian civilization was partly destroyed because of desertification due to topsoil depletion.
To end this on a more positive side - imagine all nature in the Middle East, the Fertile Crescent (where agriculture actually began) and all around the Mediterranean restructured back to its original state. That then would be a real and profound positive environmental impact of epic proportions.
Britain facing food crisis as world's soil 'vanishes in 60 years'
http://www.telegraph.co.uk/earth/agriculture/farming/6828878/Britain-facing-food-crisis-as-worlds-soil-vanishes-in-60-years.html
Fresh Water: More Precious Than Oil
http://www.whole-systems.org/water.html
Black based his statement on a 2006 study that was published in Science that predicts a “global collapse” of ocean biodiversity due to overfishing; all species currently fished, they said, would be gone by 2048.
http://www.canadaandtheworld.com/marinelifedisappearing.html
In any case Peak Oil sure will take care of all of these problems by itself. With no oil farming will not be dependent on big machinery, tilling, with no oil boats will not be able to go out on insustrialised scale deep sea fishing endevours, and will less energy disel engines will not be able to either drill nore pump upp water from deep down in the earth. That way nature sure will mend it self. Only question then is how we humans will be able to adjust then and if were able to do it in time?
George Carlin on The Environment
http://www.youtube.com/watch?v=EjmtSkl53h4
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