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The Coming Collapse
by Chris Martenson
Sunday, July 12, 2009

Executive Summary

  • Underlying beliefs can get in the way of action.
  • The status quo is unsustainable.
  • We face a future filled with "less" on many levels.
  • Surplus energy determines social complexity.
  • Peak Oil has passed and there is no return to the old economy.
  • We still have some choice in how this change plays out.
  • We must continue reformulating our beliefs and moving towards action.

The topic of this Martenson Report is one of the most important we will ever cover. My mission is to help you see that change is coming – potentially highly disruptive change – far enough in advance so that the opportunity exists to make gradual changes on your own terms.

Standing in the way of our taking actions are our beliefs, which we have formed over a lifetime of observation. For example, if I show someone forty-two very compelling graphs of Peak Oil, but the person remains unconvinced (as evidenced by their lack of action), I invariably find that they hold an underlying belief which is in conflict with the data.  Most often, that belief turns out to be "technology will save us."  This is a powerful belief, because it has been reinforced by a lifetime filled with the most exceptional technological progress ever seen in human history.  So it won’t matter if I show that person one graph, or ten, or forty-two, or a hundred.  That stuff is just data.  We take actions based on our beliefs.  But if a belief is in conflict with data, the belief wins every time.

Every day I try to convince people that one era is drawing to a close and a new era is beginning.  The lure of the old way is very strong.  It is constantly reinforced by a media machine and an interlocking institutional framework that are fully dedicated to preserving the status quo.

From my point of view, the status quo does not have a future.  It was unsustainable from the start, and even if we manage to resuscitate it for a few more years, nothing will change that fact.  Worse, every attempt to sustain the unsustainable results in squandering our precious remaining time and resources, which means that with these attempts, we relegate ourselves and our children to a future of decreased prosperity.

Sunday, July 12, 2009

Executive Summary

  • Underlying beliefs can get in the way of action.
  • The status quo is unsustainable.
  • We face a future filled with "less" on many levels.
  • Surplus energy determines social complexity.
  • Peak Oil has passed and there is no return to the old economy.
  • We still have some choice in how this change plays out.
  • We must continue reformulating our beliefs and moving towards action.

The topic of this Martenson Report is one of the most important we will ever cover. My mission is to help you see that change is coming – potentially highly disruptive change – far enough in advance so that the opportunity exists to make gradual changes on your own terms.

Standing in the way of our taking actions are our beliefs, which we have formed over a lifetime of observation. For example, if I show someone forty-two very compelling graphs of Peak Oil, but the person remains unconvinced (as evidenced by their lack of action), I invariably find that they hold an underlying belief which is in conflict with the data.  Most often, that belief turns out to be "technology will save us."  This is a powerful belief, because it has been reinforced by a lifetime filled with the most exceptional technological progress ever seen in human history.  So it won’t matter if I show that person one graph, or ten, or forty-two, or a hundred.  That stuff is just data.  We take actions based on our beliefs.  But if a belief is in conflict with data, the belief wins every time.

Every day I try to convince people that one era is drawing to a close and a new era is beginning.  The lure of the old way is very strong.  It is constantly reinforced by a media machine and an interlocking institutional framework that are fully dedicated to preserving the status quo.

From my point of view, the status quo does not have a future.  It was unsustainable from the start, and even if we manage to resuscitate it for a few more years, nothing will change that fact.  Worse, every attempt to sustain the unsustainable results in squandering our precious remaining time and resources, which means that with these attempts, we relegate ourselves and our children to a future of decreased prosperity.

New Martenson Report: Oil – The Coming Supply Crunch (Part II)
by Chris Martenson

In this Martenson Report for subscribers, I continue with Part II of our discussion on what the next oil supply crunch will mean and steps you might take today to lessen the impact.

Oil – The Coming Supply Crunch (Part II)

Here’s a snippet:


Executive Summary

  • Explaining Oil Pricing – oil prices are "set at the margin"
  • Oil Storage – When it’s pumped out of the ground it has to go somewhere
  • Oil Price Behavior – slight supply and demand imbalances drive prices
  • The Total Shortfall – too little oil to support a robust recovery
  • Nothing Fails Like Success – the worst thing would be a rapid economic recovery
  • Timing – when will Oil Shock III arrive?
  • What should you do?
  • Investments, food, selecting a community, and an abbreviated buy list

In Part I of this report, I laid out the case that the
combination of declines in the production output of existing oilfields and a
lack of investment in new oil fields would lay the foundation for Oil Shock
III.

This report will examine Oil Shock III by painting a number
of possible scenarios, and then discuss steps you might take to weather the
storm, when it arrives. I will help you
translate current news and future projections into actionable information. My goal is to help you better understand what
is going on and what you can personally do about it.

In this Martenson Report for subscribers, I continue with Part II of our discussion on what the next oil supply crunch will mean and steps you might take today to lessen the impact.

Oil – The Coming Supply Crunch (Part II)

Here’s a snippet:


Executive Summary

  • Explaining Oil Pricing – oil prices are "set at the margin"
  • Oil Storage – When it’s pumped out of the ground it has to go somewhere
  • Oil Price Behavior – slight supply and demand imbalances drive prices
  • The Total Shortfall – too little oil to support a robust recovery
  • Nothing Fails Like Success – the worst thing would be a rapid economic recovery
  • Timing – when will Oil Shock III arrive?
  • What should you do?
  • Investments, food, selecting a community, and an abbreviated buy list

In Part I of this report, I laid out the case that the
combination of declines in the production output of existing oilfields and a
lack of investment in new oil fields would lay the foundation for Oil Shock
III.

This report will examine Oil Shock III by painting a number
of possible scenarios, and then discuss steps you might take to weather the
storm, when it arrives. I will help you
translate current news and future projections into actionable information. My goal is to help you better understand what
is going on and what you can personally do about it.

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