Chapter 17c - Energy and the Economy: What if our exponentially-based economic and monetary systems are really just an artifact of oil? What if all of our rich societal complexity and all of our trillions of dollars of wealth and debt simply are the human expression of surplus energy pumped from the ground? In this chapter, Dr. Chris Martenson predicts what will happen when economic, population, and energy growth reach their natural limits. www.chrismartenson.com
Crash Course: Chapter 17c – Energy and the Economy by Chris Martenson
Posted by admin on September 28th, 2010
Posted in Depression Videos 
The only way to get out of this mess is technology...atomic fusion or something because wind solar geo will never ever ever be able to replace oil...
Good Job Chris.
@nicholeddy29 yes, they will likely die of starvation. along with many, many people who aren't homeless or poor.
As James Howard Kunstler puts it: "America took all of its post-war wealth and invested it in a living arrangement that has no future: suburbia."
@wellsleythewizard
First, getting everyone to agree is laughable. Further getting everyone to act on that agreement is even more laughable. Last, the "status quo" isn't perfect but it's a lot better than crashing the entire system into the depression that a crashing Dollar would create. You don't fix an old car by driving it off the road into a tree.
I don't know why this comment has been "thumbed down", its entirely true! The Dollar only has power because we continue to BELIEVE in it! stop the belief now and we can change the entire system! we just need every person to do so... ...good luck...
Preserving the status quo means preserving the problem. Thus ensuring the destruction of the status quo. What alternatives are there?
What is the problem that is embedded in the certain to self destruct status quo? If you know the all too obvious problem that is hidden in plain sight you will readily see the Ultimate Solution.
"Naturally the common people dont want war. But after all, it is the leaders of a country who determine the policy, and its always a simple matter to drag people along whether it is a democracy or a fascist dictatorship, or a parliament, or a communist dictatorship. This is easy. All you have to do is tell them they are being attacked, and denounce the pacifists for lack of patriotism and for exposing the country to danger. It works the same in every country." -- Hermann Goering, Hitler's man.
The privately owned Federal Reserve central bank was created in 1913. The UK already had a central bank for over a hundred years. It was not a coincidence that the Federal Reserve was created a couple decades after the oil drilling business was created.
Governments and the wars they create are the most profitable ventures for international bankers loaning money they create out of thin air. Almost as profitable as the military industrial complex corporations they own or control.
food for thought, if we were willing to shed our bodies and go down to brains, we could artificially simulate infinite wealth while consuming not a single percent more than is necessary for survival, making the true population cap somewhere around 200billion, with dedicated world wide effort i bet we could be out of our bodies in less than a decade
"When women dress like men and trousers wear, and cut off all their locks of hair, When pictures look alive with movements free, When ships like fishes swim beneath the sea. When men outstripping birds can soar the sky, Then half the world, deep drenched in blood, shall die...." -Mother Shipton
War will come soon, and most humans will die. Likely us included.
its obvious that there's overpopulation.
we've based our consumption patterns in order to that easy oil.
now it will adjust by force, the last financial crisis, irak, global warming and that kind of stuff together have a LOT of sense.
population will adjust just like prices, i think that there will be two worlds..one advanced, mantaining this consumption and a whoole one living like the prehistoryc age, in total anarchy or almost.
darwin's,marx and smith theories at the same time!!!!!!
@nicholeddy29 if absolutely nothing is done the excess population will die. Thats 5billion. This is of course not so realistic becasue some things will be done. You can see it like this: if not much is done , people who rely on oil and economics will die.
It can also be that there will come war (america vs china/russia) I dont know where europe would stand on this.
Lets just hope that the people wake up and start investing in green energy, local foods and stop wasting energy.
The only help god will give you is psychological comfort. One needs to place ones work and or faith in practical proven solutions to the problems that may be causing the psychological discomfort you may be feeling now, or may be feeling later.
We'll see how much trust everyone has in god when they're starving to death. The earth needs to cleanse itself of the human parasite.
Chris, don't thrust in God. Thrust logical reasoning.
what about in the last three years we have found 100 years of natual gas inthe baca oil field so in brazil and america the north part of america we have 3 hundred years of energy also nuclear energy if we were to power our factorys houses an use natual gas an oil and trust in GOD we need to start depending on GOD so our kids stop killing each other an put GOD back in our lives an stop borrowing GOD will start blessing us again
This chapter is my favorite. It shows the real connection between societies and energy. I have a feeling that is civilization does collapse, when it makes it's comeback energy research will be all vital.
Excellent work yet again Chris. Thank you for delivering!
logical assumptions...good part
The main point in ur view is the current rate of consumption. But, since consumption is artificially inflated as well, (just think of adverts, salesmen, too big meals at fast food places, making unnecessary products like fizzy drinks and orange juice etc. and keeping in mind that we do not use our technology to the maximum. 26 billion could be done, but you know, I agree it is not sustainable, at least not with the mentality and dumbed down society. A new generation might be able to pull it off
what in the world is going to happen to the homeless and really poor people, what? are they going to die? from hunger?
Brilliant video! thx man
yep, we aren't letting go of iraq any time soon...