Re: Top 10 oil fields (Cantarell kaput)
Excellent response. It's another (better) way of saying what I was going to say. I would tell your son, Cow, to just assume that economic growth will end, and that our levels of consumption will be lower in the future. Fortunately, every study that's ever been done (and there have been many) shows that after basic needs have been met, which currently requires around $10,000/year/person (worldwide average), human happiness does NOT increase for higher levels of income/consumption. In other words, the rich in America are no more happy (in many cases less so) than people in a tribal subsistence economy (where most needs are provided "free", without income, by communal activity). What DOES make people happy, even in crappy economies (Haiti?), are stable and caring human relationships.
So what to do? Forget about getting rich, it won't make you happy. Build a life where you can do something meaningful, around people who you care about and that care about you. Immediate family being most important. Think about what skills will increase in demand in an economy that is not defined by McMansion construction and (as Kunstler likes to say) the selling of salad shooters. Personally I am planning to move to a small town, where some relatives already are, and grow most of my own food. But there's going to be lots of other things to do in the more local economies of the future.
Originally posted by Kadriana
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So what to do? Forget about getting rich, it won't make you happy. Build a life where you can do something meaningful, around people who you care about and that care about you. Immediate family being most important. Think about what skills will increase in demand in an economy that is not defined by McMansion construction and (as Kunstler likes to say) the selling of salad shooters. Personally I am planning to move to a small town, where some relatives already are, and grow most of my own food. But there's going to be lots of other things to do in the more local economies of the future.
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