| Fossil energy means recession
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The decrease of the oil price in the last days proofs: fossil energy means recession. A growth of the world economy is only with renewable energy possible.
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| Civilization and the ability to store
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The ability to store valuable products to balance times of overabundance and times of under-supply is a basic of civilization.
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| Bank crisis
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The production facilities are all intact, only the finance system is groggy. This is a big chance for the politic to do with the production something reasonable.
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| Oil production becomes a roulett game
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The extrem fast declining oil price demages the oil industry much more, than $180 oil price. Investments in costly explorations became extrem risky.
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| Stock market crisis
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There are political streams beliving that the stock market will solve all problems of mankind. But how can a stable full of disturbed chickens cause something positive?
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| Oil price and economic growth
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Do we want recession? The dedicing question is not how high the oil price is in a recession, but at 2% economic growth.
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| 2008 The begin of the end of the oil age
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Many indicators show a clear result: In the history books will be the year 2008 chained to the begin of the end of the oil age.
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