Peak oil a thing of the past

[Albus Dumbledore]

But, but the free market!

[Albus Dumbledore]

Those of us living in north america and Brazil are going to get 1-3 decades of economic pain for this. Europe and developed east asia may not fully recover for half of a century. The third world... well I don't want to talk about it since it's too depressing.

[Albus Dumbledore]

Those of us living in north america and Brazil are going to get 1-3 decades of economic pain for this. Europe and developed east asia may not fully recover for half of a century. The third world... well I don't want to talk about it since it's too depressing.

Hate to say it buddy, but Europe is in a far better position in a world with limited oil.

North America hasn't run out of Energy, just cheap energy while Europe has more or less run out of energy for the most part and is forced to import from outside. Also, Europe has a much stronger green/luddite movement. Also let's look at the demographic problems of aging and failing to digest immigrants which will hurt Europe even more. Then there's the taxation issue which is already driving a few euros out.

[Albus Dumbledore]

Those of us living in north america and Brazil are going to get 1-3 decades of economic pain for this. Europe and developed east asia may not fully recover for half of a century. The third world... well I don't want to talk about it since it's too depressing.

Hate to say it buddy, but Europe is in a far better position in a world with limited oil.

North America hasn't run out of Energy, just cheap energy while Europe has more or less run out of energy for the most part and is forced to import from outside. Also, Europe has a much stronger green/luddite movement. Also let's look at the demographic problems of aging and failing to digest immigrants which will hurt Europe even more. Then there's the taxation issue which is already driving a few euros out.

You're mixing together a lot of issues here.  As far as the collapse of the oil-fueled transport paradigm, it is going to do a lot more damage to the US economy than the European one.

Oh yes it'll do alot more damage to our economy in one blow while we lack their demographic issues(both aging and digesting immigrants) which makes it be more of a problem for them. Your issue is that you act like peak oil is the only problem that exists. No part of the world is going to have a wonderful near future but north america and Brazil are going to do the least bad.

[Albus Dumbledore]

Europe has an arguably higher standard of living than the US despite living on only a fraction of the energy the US does. And this is at current tech levels not more advanced future technology with better alt-fuels/alt-energy/electric powered vehicles.

[Albus Dumbledore]

Peak oil will kill the current non-urbanized living arrangements so that won't always be a factor.