Peak oil as a military threat scenario?

Two of my favorite big thinkers, the folks from Casey Research and Chris Martenson, sit down for a discussion about peak oil at Casey’s recent When Money Dies conference.

Interestingly, Martenson tells interviewer David Galland that while politicians may not be taking it seriously, the military is already considering peak oil a major threat to America’s national security.  Other highlights:

- The economy has experienced 5 full credit market doublings in only 4 decades and the implicit assumption is that credit markets will double and then double again in the next 10 years.  That works out to $104 trillion in credit expansion.

- Currencies will be managed towards oblivion… That is the outright destruction of the world’s currencies through boneheaded monetary policy.

- Time to invest in “things” rather than pieces of paper — farmland, energy, making your home more resilient and energy efficient.

As Martenson says often, “if you’re expecting the future to look anything like the past, you’re going to be disappointed.”

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