The Oil Drum

133 comments on We Have Much Work to Do, People...

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MillMan on May 10, 2006 - 10:38pm

That would be an interesting bind, wouldn't it. It would be fantastically good for society as a whole, but bad for us here individually. Does that make us hypocrites to a degree?

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Mainer on May 10, 2006 - 10:46pm

Depends. I've got a 100 acres in Maine and a good amount of Gold ETF shares. Of course at some point the market oscillates beyond its tolerances and explodes. Hopefully I get lucky with market timing one more time and sink it into some more land.

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AlphaMaleProphetOfDoom on May 10, 2006 - 11:52pm

I'm not so sure it would be fantastic for society as widespread awareness of the permanence of this crisis could trigger a self-perpetuating panic. How many of us have endured some degree of panic upon realizing the nature of our predicament? Imagine if that became widespread. Market crash, hoarding, shortages etc, . . . I think would ensue.

It does put us, particularly those of us who make a living from these issues, in a weird position though. On the one hand a little bit of awareness is great as it generates more traffic, more revenue, book/dvd sales, etc.

But a lot of awareness might push things towards the panic stage in which case people such as myself are likely as screwed as anybody.

Best,

Matt