We could be looking at a series of devestating recessions caused by energy price spikes where the demand always falls dramatically leaving lots of potential supply.

Given all the other 'stuff' that will be going on I'm not sure the current batch of politicians will be able to frame the inevitable Post-Peak chaos in terms of an energy decline -and untill this is fully grasped as the cause for which politicians can feel that they can be elected for we are onto a loser.

Nick.

I concur:

Economy Staircase