Click here to view whole blog | Ask Me Stuff | Archive My thoughts: the future isn't going to be better technology, bigger buildings, flying cars, infinite progress, first world living or space travel. The future is overgrown ruins, industrial collapse, new species, emergent conciousness, salvage, savage, weeds, invasive vegetation, ecotechnic tribes, dieoffs, bushcraft, natures revenge, darkness, light and wild.
In 2008 the price of oil approached $150 a barrel, shortly before sharply dropping down to less than $40 a barrel. Immediately the global economy took a nosedive; the shockwave of high oil prices sending
cracks and fissures through the financial world. The instabilities this caused are still being felt today in the Eurozone crisis, American debt crisis and global growth slow down. People will try and label this as
a coincidence, however it is well worth noting that every recession, but one, post-WWII was preceded by an oil price spike (source). If you think about it, this makes a lot of sense. The sudden shockwave of increasing fuel costs to economies causes a cascading series of failures from small businesses to massive 'too-big-to-fail' (irony) banks. The price of oil is important and from the looks of things, is quickly approaching the 'danger zone' again...
