Are we ready for 2015?

31 12 2014
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5 responses

31 12 2014
davekimble3

The prices of oil, coal, gas, iron ore and copper are all falling, indicating falling demand and the imminent onset of world-wide recession. At the same time, we have a stock market bubble and record debt, with interest rates already at record lows.The over-leveraged banks and hedge funds cannot cope with another recession.

So fear not, the Crash of 2015 will see CO2 emissions peak and go into rapid decline as the recession feeds on itself, becoming a depression, and finally a total collapse. A much more rapid decline than predicted by the IPCC’s RCP 2.6, so missing +2°C easily.

Happy New Year.

1 01 2015
Maponios

It is going to be a very interesting year 2015!

1 01 2015
mikestasse

Yes, I think 2015 may be the year that encapsulates Heinberg’s “The Party’s Over” best..

1 01 2015
Maponios

Also the article you posted in 2012 Are we on the cusp of global collapse?
https://damnthematrix.wordpress.com/2012/10/16/are-we-on-the-cusp-of-global-collapse/

2 01 2015
Don

Hi Mike,

Thanks for your blog efforts over the past year.

On new years day I had to drive past the local Bunnings store and was amazed at the larger than usual number of cars parked there. Happy little consumers.

I thought that no doubt these people would react with outrage if told they need to stop their consumerist ways. Then for some reason I recalled the picture, from many years ago, of the bridge in Hobart that had a span removed by an out of control freighter. That picture showed a car stopped on the very edge of the gap with the front wheels hanging over the edge. The driver later said that he had got out of the car and attempted to wave down approaching cars, which drove around him over the edge to their deaths.

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