The Oil Drum | More "peak oil navel gazing..." (or, let's just publicly ignore the lessons of the last few months)

30 comments on More "peak oil navel gazing..." (or, let's just publicly ignore the lessons of the last few months)

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OregonCoast on December 5, 2005 - 1:56am

They are worried about a worldwide economic slowdown.
They probably see that "good ole" cunsuming keeping the money in their pockets for a month or 12.
Looking at some of the economic data it's tough for me to disagree with them.

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OregonCoast on December 5, 2005 - 1:57am

consumer...spellcheck is my buddy..

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30 comments on More "peak oil navel gazing..." (or, let's just publicly ignore the lessons of the last few months)

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“This order [i.e. capitalism] is now bound to the technical and economic conditions of machine production which today determine the lives of all the individuals who are born into this mechanism, not only those directly concerned with the economic acquisition, with irresistible force. Perhaps it will so determine them until the last ton of fossilized coal is burnt.”

—Max Weber, 1905