snow hope wrote:How do you come up with 20 years Beria? Collapse could happen this year or next year if the right (wrong) sequence of ovents occur. If we are lucky we may have 3 or 4 years - it is hard to stretch it to longer than that in my eyes.
That's my feeling too.
I think many people are assuming that the price of oil will go up more or less linearly and that the process of having less and less to spend on luxuries will be a gradual one.
For a couple of reasons I think this may be over-optimistic. Firstly, being made unemployed, which will happen to a lot of people, is not a gradual thing. One day you have a couple of hundred pounds a month to do what you want with, the next day you're selling your car and worried about affording bus fares.
But more importantly, I think the pound (among other currencies, possibly the dollar) is almost certain to tank before too long. We will then see imports increasing in price by several times. And if, Heaven forbid, we get hyperinflation, then it's goodbye to imports completely. Including, of course, oil.
As I've said before, I think it quite possible that we will find ourselves almost completely without oil virtually overnight. It can happen: look at North Korea.
The graphs for Peak Oil show a smoothish downward slope, but this is not a representation of social circumstances. The more we indulge the myth of BAU, the more we ratchet up the pressure for severe shocks rather than a smooth transition. That's not to say I really think a smooth transition is likely to be possible, because we simply don't have an economic model that can deal stably and safely with permanent contraction.
"We're just waiting, looking skyward as the days go down / Someone promised there'd be answers if we stayed around."