2008 The bungle of politics by inaction

The oil price increased January in a very short time to $100. The inaction of the politicans is saddening, because it's goes about our standard of living.
Fossil energy means recession
  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.


Civilization and the ability to store
  The ability to store valuable products to balance times of overabundance and times of under-supply is a basic of civilization.


Bank crisis
  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.


Oil production becomes a roulett game
  The extrem fast declining oil price demages the oil industry much more, than $180 oil price. Investments in costly explorations became extrem risky.


Stock market crisis
  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?


Oil price and economic growth
  Do we want recession? The dedicing question is not how high the oil price is in a recession, but at 2% economic growth.


2008 The begin of the end of the oil age
  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.