I never thought this day would come. Over the last few years, I’ve become aware of Peak Oil but I always hoped it was a tinfoil hat theory.
It isn’t.
Puru Saxena, talks about the consequences of Peak Oil on a major financial network. And also throws in a bit about China.
Saxena: “We foresee a big energy crisis in the next two or three years.”, “This is not politics, this is geology.” , “The transition period is going to be very difficult.”
Our global situation is about to get very interesting. This graph is an approximation but probably closer to reality than anything else you’ll find.
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