My recent visit to England shows a country nose-diving into a new kind of recession: one that has no end.
As the reams of newspaper articles laying out dismal prospects for 2009 appear before us, there is an underlying belief in that the recovery will come in a few or at most ten years, and 2008 will fade into memory as a year unremarkable. Not so from the perspective of Oil Peak. We are looking into the tangled guts of a system that has stopped working because the cheap and easy oil that feeds it has peaked. We are looking over the precipice into the long decline, aptly called the long emergency by James Howard Kunstler.
The logic of this is almost too simple, but not anything you will find explained in the mainstream media.
Read More »Why we need a change: this is not your ordinary recession