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.”