Oil Puts the Squeeze On the Economy

Peak Moment 204: This turbulent, troubled global economy is precisely what Chris Martenson predicted in early 2010, "When Exponential Meets Reality" (episode 166). He asserts that we can no longer look at the economy without factoring in the terminal decline of its master resource -- oil. The author of "The Crash Course: The Unsustainable Future of Our Economy, Energy and Environment" believes that, as "the generation that gets to deal with hitting up to resource limits," we first need a new cultural story to inspire appropriate action.