Quote from: K-Dog on Feb 10, 2026, 06:46 PMQuoteThat's not the problem with Peak Oil. The problem is that it's a finite resource essential to the operation of industrial civilization there currently is no good replacement for and we are running short of it.
Concern about the actual peak is like looking at a tree and not seeing the forest.
Apt metaphor from a doomer perspective. But I'm not a doomer. And after we survived the Great DieOff proclaimed by the doomers during Earth Day 1970 (allegedly sometime by the 1980's) I figured you had to take their predictions with a grain of salt. As any thinking person might.
Quote from: K-DogLayoffs have surged to a nearly 20-year high, as job openings plummet.
Well, it has been awhile since we've had a hard recession. The Great Recession of 2008 was deeply involved in peak oil doom, folks who didn't know how to calculate peak oil randomly assigning it causality with any current event they could find.
The good news is that we aren't anywhere near RE's definition of collapse even with layoffs surging. A 20 year high puts it worse then Covid though doesn't it? Which was according to some the Biggest Recession Since the Great Depression. So we could be in for interesting times.
If it craters the market like the 2008 recession, I'll be dumping in available coinage just like I did back then.