Chris Martenson says it well (as usual):
http://www.postcarbon.org/blog-post/188069-it-s-official-the-economy-is-set
From now on, we'll probably keep going through more cycles of economic decline as energy prices rise (and our mountains of debt weigh us down (see my link to Chris Martenson's site). There will be mini-recoveries, but the long term trend will be downward. John Michael Greer gives me some comfort in The Long Descent
My biggest concern is how bad the population declines will be. We don't realize how dependent the most productive farmers in the world are on fossil fuels. Some of them come in the form of natural gas (which looks better with shale gas, but there are risks there as well) and coal via electricity, but the need for diesel alone is crucial. Add the stresses from climate change (drought, flooding, increased evaporation/heat, etc.) and those in the margins will have their life expectancies shortened first. For instance, as food prices rise, poorer nations will be priced out of the market first. So there will be more famines, but we won't see them for what they are. We're used to famines. Will we even notice? And at what point do they realize that their children are doomed to starve? Will wars ensue? Terrorism increase?
I'd love to see us tackle something like Transition Towns
In Matthew 6, Jesus tells his audience not to worry, God provides even for birds and flowers. But with record bird populations facing threats of decline, and flowers facing droughts, how much comfort can I draw from that? I feel that God will always be present and work with us in any situation, drought, famine, disease, homelessness or death, but just the same there will be misery. Comfort when your child dies still leaves you with a dead child.
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