Chris Martenson’s presentation at the Gold & Silver Meeting in Madrid + (TL;DR)

(by GoldMoneyNews)
This video was recorded on November 16 at the Gold & Silver Meeting 2011 in Madrid.

It’s Official: The Economy Is Set To Starve

Nov 23, serves as intro

Once a year, the International Energy Agency (IEA) releases its World Energy Outlook (WEO), and it’s our tradition here at ChrisMartenson.com to review it.  A lot of articles have already been written on the WEO 2010 report, and I don’t wish to tread an already well-worn path, but the subject is just too important to leave relegate to a single week of attention.

Because some people will only read the first two paragraphs, let me get a couple of conclusions out right up front.  You need to pay close attention to Peak Oil, and you need to begin adjusting, because it has already happened.  The first conclusion is mine; the second belongs to the IEA. 

Okay, it’s not quite as simple as that; there are a few complexities involved that require us to dig a bit deeper and to be sure our terms and definitions are clear so that we are talking about the same things.

But if we can simply distinguish between two types of “oil” (you’ll see why that term is in quotes in a second), the story becomes much easier to follow.

  • “Conventional oil” is the cheap and easy stuff.  A well is drilled, pipe is inserted and oil comes up out of the ground that can be shipped directly to a refinery.  Whether the oil is “sour” or “sweet” doesn’t matter; it’s still conventional oil.
  • “Unconventional oil” refers to things like tar sands, ultra-deep-water oil, coal-to-liquids, oil shale, and natural gas liquids.  In other words, oil that is much more difficult and expensive to produce.

More …

Chris Martenson Lecture On Why The Next 20 Years Will Be Marked By The Collapse Of The Exponential Function

Nov 29

In the above video courtesy of GoldMoney, Chris Martenson, economic analyst at chrismartenson.com and author of ‘The Crash Course’, explains why he thinks that the coming 20 years are going to look completely unlike the last 20 years. In his presentation he focuses on the so-called three “Es”: Economy, Energy and Environment. He argues that at this point in time it is no longer possible to view either one of those topics separately from one another.

Since all our money is loaned onto existence, our economy has to grow exponentially. Martenson proves this point empirically by showing a 99.9% fit of the actual growth curve of the last 40 years to an exponential curve. If we wanted to continue on this path, our debt load would have to double again over the next 10 years. By continually increasing our debt relative to GDP we are making the assumption that our future will always be wealthier than our past. He believes that this assumption is flawed and that the debt loads are already unmanageable.

Martenson explains how exponential growth works and why it is so scary that our economy is based on it. In an example he illustrates how unimaginably fast things speed up towards the end of an exponential curve. He shows that an exponential chart can be found in every one of the three “E’s” for instance in GDP growth, oil production, water use or species extinction. Due to the natural limitations on resources, Martenson comes to the conclusion that we are facing a serious energy crisis.

More …

 

Views: 97

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

tjdavis posted a blog post
6 hours ago
Less Prone commented on tjdavis's blog post EST
"What possible motive did the Ashkenazi Jews have in exposing the original Jews into this…"
7 hours ago
Less Prone commented on tjdavis's blog post EST
"The war between Isreal and Palestinians is a war of the modern Ashkenazi Jews fighting against the…"
7 hours ago
Doc Vega commented on tjdavis's blog post EST
"Mark Levin is a good source of info on what's going on there."
8 hours ago
Doc Vega commented on tjdavis's blog post EST
"If you care to ascribe to the bullshit news media you will get the exact opposite details from the…"
8 hours ago
Doc Vega posted blog posts
10 hours ago
cheeki kea posted a blog post

Why is there Abnormal Physiology in the Vaccinated Heart?

Doctor McMillion has totally out done himself on this video. If he's on a roll here it'll be on top…See More
13 hours ago
cheeki kea posted photos
14 hours ago
cheeki kea commented on tjdavis's photo
14 hours ago
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1710523455761

"Ha Thia have you considered applying to move to Russia? Hourly rate the same but cost of living…"
yesterday
Doc Vega posted blog posts
Saturday
tjdavis favorited MAC's video
Saturday
tjdavis favorited MAC's video
Saturday
Doc Vega's 5 blog posts were featured
Saturday
tjdavis's 3 blog posts were featured
Saturday
steve's blog post was featured

This must be understood THE ELITE WANT US DEAD our only way out is----------------------------

to realize this FACT, get mad dog mad and go on the offensive. Once again they mean to KILL us and…See More
Saturday
MAC posted videos
Saturday
tjdavis posted photos
Saturday
tjdavis posted videos
Saturday
Sandy posted a photo
Friday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted