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The coming contraction: Smooth or collapse?

The article posits that the end of the era of cheap energy will make complex societies collapse

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  • Patrick M.

    It was an excellent discussion, and we all agreed that:
    1) Credit is predicated in neoclassic economic growth
    2) The world growth is going to decrease
    3) That there will be credit freezes/deflation/hyperinflation

    The discussion centered mostly if the fiscal shocks will be localized or global, and the duration of such shocks.

    October 20, 2010

  • A former member
    A former member

    I was at the venue at the time stated and no one was there. What's up?

    October 20, 2010

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