The Connection Between Peak Oil and the Collapse of the Monetary System

The Oil Drum | Oct. 13, 2008 (Opinion)

It is not a coincidence that just as we are hitting peak oil, world monetary systems seem to be edging toward collapse. Monetary systems are debt based, and depend on growth to continue. Resources are finite, and we are reaching limitations on them. Full Story »

Posted by Greg Boyle

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Dwight Rousu
4.1
 by Dwight Rousu - Oct. 14, 2008

The topic is timely and presents ties between the financial system and peak oil. While the search for alternative energy sources has received increasing attention, the ties shown here are a primary motivating force for the alternatives.

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