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May 5, 2007
when will TSHTF?
A reader over at Peak Oil: Life After the Oil Crash has analyzed the negative economic and social impacts of oil peaking on US, Soviet Union, Iran, Indonesia and Iraq over the last two decades. The data suggest that 3-5 years after the "peak" severe change happens. Using Mr. Matthew Simmons' educated guess as December, 2005 as being the world peak, then we could begin to expect to experience these adverse effects as early as 2008.
That is called when TSHTF. I hope that reader is wrong, but fear he is not far off.
Posted by Martin at May 5, 2007 5:37 PM
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