Jump to content
House Price Crash Forum
Sign in to follow this  


Recommended Posts

What is the biggest problem facing humanity right now? Answer = Fossil fuel shortage. It is already so bad that in order to achieve growth we must cook the books. What is the only compromise to this problem? Answer = collapse demand for consumption across the westernised world whilst keeping everyone under the spell of normalcy. This is very easy to do when the population is in so much debt that it doesn't know what day it is. Crash, forclose and destroy most of the consumption economy.

The way I see it is there is still vast amounts of oil left to feed the basic needs for many decades to come IF everyone that is not directly involved in agriculture and food processing (who make up say 40% - 50% population ?) stays at home. Since there is plenty of capacity to meet basic needs the state can hand out social security checks (barely more than meal tickets and basic housing) without printing and causing hyperinflation.

Another depression will avert total societal meltdown and buy many more precious years.

A reasonable theory or a load of hogwash?

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.