Re: Are we screwed? - oil/wheat/water shortages
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The real problem will be in 40-50 years when the oil is dried up
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The problem is not running out of oil, the problem is to adapt to a world where we produce less and less oil every year. You cannot produce at full speed until all is gone, at some point there is a peak, after which there will be less and less oil. Meaning higher and higher prices.
And if we are a bit unlucky, the peak in produciton is now, as we speak.
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