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Scared Economics: The Emergence of the Entreprenurtureist [Alternatively titled: "Fear and Loathing in Finance"]

You may say it is just good luck that things work out so well: the trees don’t care about watering the plants around them—they are in it for themselves, maximizing their chances to survive and reproduce. 1,003 more words

Truth and Revolution

“When I despair, I remember that all through history the way of truth and love have always won.

There have been tyrants and murderers, and for a time, they can seem invincible, but in the end, they always fall. 290 more words

“To seek a date for peak oil is the wrong approach. Even if we postpone the time when peak oil comes, we can’t assume there won’t be difficulties in oil supply.

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“We dampened demand in the West to meet demand in China and India –  that’s the only reason why the whole thing didn’t crash and burn.

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“We aren’t believers in peak oil. We think there are still lots of hydrocarbons in the ground around the world. Some of them are known, some are yet to be discovered.

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“It’s not that we’re running out of oil – it’s that the oil we want now comes at a high cost. There may be lots of oil left in the world but if we can’t afford it then its no damn use.” – Chris Skrebowski, director of Peak Oil Consulting.


India Outpacing China’s Oil Demand - India Real Time - WSJ

India’s oil demand has grown faster than China’s so far this year, highlighting slowing energy demand in the world’s most populous country and fueling expectations that India may pick up the slack over the medium-to-long term. 482 more words

China Alert