MIT Predicted in 1972 That Society Will Collapse This Century. We're on Schedule
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We hit peak coal in 2013. We peaked in the discovery of oil in the 1960s, and probably hit oil production a few years ago, and nobody noticed.
Capitalism has its awful downsides, but it sure does provide incentives to work around supply constraints.
Civilizational collapse was a common feature of the past.
First and foremost, we need to start listening to the knowledgable scientists and naturalists.
See Gabe Brown's videos about regenerating topsoil.
So you will consider it even ods for the sun to rise tomorrow?
Past performance is no guarantee, but ignore the pretty big hit at your own peril.
In short: past performance predicts future performance if the thing that's performing is predictable.
Oil-dependent countries like Italy and Spain realized their "euro crisis" was a production crisis (and certainly not a liquidity crisis), caused by a lack of energy availability (Lybia war did not help with oil import tbh, and algeria/Syria peaked around 2010). There is a reason why they are changing their energy mix, its not only because "green" is better.
Central & South America peaked in 2015 [1].
There is no bubble peak before that (except for individual countries like Venezuela).
[0] - https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M...
[1] - https://www.eia.gov/international/data/country/VEN/petroleum...
But the world continued, civilization did not collapse.
This work is based on one person's Master's thesis in Sustainability. I lack the tools to determine if her work actually does vindicate the original study or not. It's frightening if so, but I'd also like to hear other experts weigh in before I start prepping for the end times.
The default for humanity is ever-present death due to diseases, hunger and thirst.
In 1820 6 out of 10 kids would die before they would get to be 5 years old.
Imagine having 6 kids just for 4 of them to be dead before they got to be 5 years old.
Today poverty is the lowest it has ever been, basic education and literacy is the highest it has ever been [1].
If this is how the collapse will look like then I'm all for it.
I also recommend "Don't Panic" by Hans Rosling [2].
[0] https://en.wikipedia.org/wiki/Socialism_with_Chinese_charact...
[1] https://ourworldindata.org/uploads/2017/01/Two-centuries-Wor...