Forecast 2013: Contraction, Contagion, and Contradiction – Clusterfuck Nation

http://kunstler.com/blog/2012/12/forecast-2013-contraction-contagion-and-contradiction.html

By James Howard Kunstler
on December 31, 2012 8:25 AM

The people who like to think they are managing the world’s affairs seem fiercely determined to ignore the world’s true condition — namely, the permanent contraction of industrial economies. They just can’t grok it. Two hundred years of cheap fossil fuel programmed mankind to expect limitless goodies forever on an upward-swinging arc of techno miracles. Now that the cheap fossil fuels have plateaued, with decline clearly in view, the hope remains that all the rackets of modernity can keep going on techno miracles alone.