[Ost-news] Capitalism and Peak Oil: The Perfect Storm

[Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America]

Capitalism and Peak Oil: The Perfect Storm  
by Jim Lydecker 

Napa Valley Register (January 18 2008) 

Americans have recently become aware of converging crises that can end life as we know it, though experts have been warning us for many years. 

For example, many economists have been warning for decades of the severe consequences resulting from runaway national debt and an imbalance of trade. And the current mortgage/liquidity crisis was first discussed in the early 1990s by a number of financial experts.

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    [1]: http://oilsandstruth.org/capitalism-and-peak-oil-perfect-storm

URL: http://oilsandstruth.org/capitalism-and-peak-oil-perfect-storm