While I’m developing a post about the ongoing decline into negative territory beyond Hubbert’s Peak, today’s brief post satisfies two purposes: (1) shameless self-promotion, and (2) short-term prediction.
I’m a panelist at this event Wednesday. I’ll be taking the long view on the food front, arguing that we managed to feed ourselves and live happily for the first 100,000 generations of humanity without using fossil fuels. Whether we can do it again remains seriously in doubt, but we’re headed to the neo-Neolithic, so we’ll find out soon enough. If you find yourself in Tucson, please drop by.
On the anniversary of the collapse of Lehman Brothers and the near-collapse of the industrial economy, the stock markets are likely to take a huge hit this week. Not only are insiders selling like there’s no tomorrow, but abundant economic news is likely to disappoint economists. I don’t foresee Obama’s speech pumping much confidence into the ultimate con game. His message is wearing thin.