Category Archives: 1) Decline

Decline will be death by a thousand cuts as too many problems occur and overwhelm societies ability to fix them (i.e. Tainter’s “complexity”). Already our infrastructure (oil and gas pipelines, electric grid, roads, bridges, etc) has a Report Card of D from the American Society of Civil Engineers. All 18 components of essential infrastructure, from the electric grid to the financial system are vulnerable to cyber-attack, The end of growth means bankruptcy for cities, pensions, families, and businesses, and no credit for energy companies to borrow for new projects to obtain oil, coal, and natural gas, the real drivers of the economy (just try putting dollar bills in your gas tank)