The Coming Oil Crisis

Interesting article at Yahoo Finance by Robert Kiyosaki
Source: The Coming Oil Crisis

I especially like this part, near the end:

While many environmentalists, concerned with global warming, are thrilled that oil supply is on a decline (and we truly do need to replace oil with more renewable forms of energy, such as wind and solar power), there's another concern that must be considered. If energy costs continue to rise and our economy stops growing and starts shrinking, many stocks will crash, older Americans will not be able to retire, inflation may skyrocket, businesses will close or cut back, and jobs will be lost. Not only will we be facing global warming, we'll be facing civilized chaos.

The problem today is that oil companies are too short-sighted, the environmentalists too far-sighted, and politicians only concerned with being elected. As a result, there will be a gap between the end of oil and a conversion to less destructive forms of energy. In this gap, all hell may break loose.

In my next article, I'll go into what I'm doing to prepare for the gap, as well as why I believe the gap can't be avoided. In other words, it will not be 1973-1974, or stagflation, all over again. I believe it will be the end of civilization as we know it -- and possibly the birth of a brave new world.

As my greatest teacher, Dr. Buckminister Fuller, said to my class in 1982, "Humanity will soon have to choose between utopia or oblivion.... Do we work only for ourselves or for our planet?"

Robert hits all my sweet spots in four paragraphs. He mentions chaos, actually fairly balances oil companies, politicians and environmentalists. Then he comes right out with no mincing and states his belief that this event will be the end of civilization. End with Bucky Fuller and I am satiated.

Anyone know anything good to invest in now that real estate and the stock market are played out?

Peak Oil - Buckminster Fuller - Financial Chaos - Brave New World - Robert Kiyosaki - Oil Crisis - Utopia Oblivion