Kunstler Discusses The World-wide Energy Crisis

"We've entered a permanent world-wide energy crisis. The implications are enormous. It could put us out-of-business as a cohesive society.

We face a crisis in finance, which will be a consequence of the energy predicament as well as a broad and deep lapse in our standards, values, and behavior in financial affairs.

We face a crisis in practical living arrangements as the infrastructure of suburbia becomes hopelessly unaffordable to run. How will fill our gas tanks to make those long commutes? How will we heat the 3500 square foot homes that people are already in? How will we run the yellow school bus fleets? How will we heat the schools?

...Because the creation of suburbia was the greatest misallocation of resources in the history of the world, it has entailed a powerful psychology of previous investment - meaning, that we have put so much of our collective wealth into a particular infrastructure for daily life, that we can't imagine changing it, or reforming it, or letting go of it. The psychology of previous investment is exactly what makes this way of life non-negotiable."

Thanks to RL Gabrielson