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Now Let’s Get Rid Of The Income Tax Nathan Lewis The Current Account Deficit Nathan Lewis The Current Account Deficit #2: Savings and Investment Nathan Lewis The Current Account Deficit #3: Complete Nonsense Nathan Lewis

overtheedge
Member since May 2012
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Schilling Shilling

- James Howard Kunstler -

Excellent, however I have never heard the term cloacal vent applied to mammalian species.

I hope you do better than I did when I suggested the same short life span for shale oil in a comment I made about a year ago.

A buddy of mine suggested that the US and EU governments as well as the myriad of NGOs were smoking their shorts when they claimed their effort was to raise the third world up to the same level as the developed nations. As he pointed out, there is only so much real wealth to spread around. Therefore the developed world will devolve to the level barely above third-world status. We go down to their level.

And fuel consumption in this household and among my local friends has dropped substantially. Some of us relearned old skills such as walking and riding bicycles. I presume the next step will be side-cars for bicycles and Laredo pick-ups.

Very few realize that Darwin's survival of the fittest is actually about the ability to adapt to a changing economic environment. Even the lowly skill of acquiring food is about economics. The food MUST provide more energy than was required to acquire it. Everything is about economics, everything.

I fear the repairman, gardener, teamster and wood-cutter will become the dominant job skills. Once demand drops, economy of scale in manufacturing and transportation goes away. The accomplished shade-tree fabricator will be in high demand as imports from the next state over get real expensive compared to income.

Oh well, here comes the down arrows. Good thing I'm an optimist.

Commented 4013 days ago

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Beginning of the headline :Such is the power of wishful thinking that a set of fool-making memes now pulses through the word-clouds of financial chatter in America spreading the false good cheer that our economic troubles are behind us and pimping for perpetual motion in wealth expansion. A poster boy for this bundle of falsehoods is financial analyst A. Gary Schilling. Just last week, he was talking out of his cloacal vent about US “energy independence” and “the manufacturing renaissance” that will allow this country to ... Read More

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