Through April of 2009, the year-over-year decline is holding steady at about 3 percent. While that may seem like good news for the industrial economy, the opposite is true: The longer we hold onto a slow decline, the steeper the subsequent, inevitable cliff, as has been demonstrated in dozens of fields and collections of fields (e.g., nations). The steeper the cliff, the greater the probability of sudden disruptions in the supply of fuel, food, and water in towns and cities. And, too, a 3 percent annual decline puts us at mid-1980s world oil supply by 2015. Looks like it’s Mourning in America all over again.
Durability has always been a wise investment. Now is the perfect time to make a personal investment in durability, for myriad reasons. For one thing, most sellers still think fiat currency is valuable.
Teaching? I’m doing the best work of my life. Scholarship? Likewise. Outreach? Ditto. Obviously, it’s time for me to move along.
As we pass from the industrial age to the post-carbon era, the mantra of real-estate agents comes to mind. But the important factor less “location, location, location” than “community, community, community.” The latter can be created in any location. Well, except for those locations the United States bombs into the stone age. It’s tough to build community when the U.S. military is carpet-bombing the ‘hood.
Two resources are proving particularly useful as I think about, and talk about, collapse: (1) Dmitry Orlov‘s superb new book, Reinventing Collapse: The Soviet Example and American Prospects, and (2) the long-awaited report from my students, Personal Survival Skills: Life at the Twilight of Empire.
What do you think, dear reader? What are your post-carbon plans? How are you choosing to live simultaneously in the two worlds we inhabit, the culture of make believe and the real world of economic collapse?