“In order to avoid the [oil] price affordable by the global economy falling below the extraction cost, debt piling (borrowing from the future) becomes a necessity, yet it is a mere trick to gain some time while hoping for something positive to happen,” said Meneguzzo.
Brace for the oil, food and financial crash of 2018
Nafeez Ahmed
1.2K69

This pretty much summarizes the human condition.

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