If you think the economy is more important than the environment, try holding your breath while counting your money.
The industrial economy is slipping through our fingers like mercury from a broken thermometer. Facing a rapid terminal decline in crude oil — the lifeblood of western civilization — there is nothing you, me, or President Obama can do to save the industrial economy. But as we near the end of the industrial economy, complete with the collapse of our fuel-, food- and water-delivery systems, individuals can make arrangements to thrive in the post-carbon era.
For those of you not paying attention to the news last week, here’s a quick summary: The United States economy nearly collapsed, taking the world economy with it. Only a quick infusion of cash by the Treasury Department prevented full-scale collapse. The problem: peak oil. The solution, such as it is: print money, sensu Weimer Republic. Ben “Helicopter” Bernanke is living up to his nickname.