The people who like to think they are managing the world’s affairs seem fiercely determined to ignore the world’s true condition — namely, the permanent contraction of industrial economies. They just can’t grok it. Two hundred years of cheap fossil fuel programmed mankind to expect limitless goodies forever on an upward-swinging arc more »
Tag Archives: Global economy + economic forecast + the long emergency + too much magic + austerity + debt + shale oil and gas + financial system + collapse