27 Jan '13, 6pm

The End Of An Era: The economy as we know it is facing a lethal confluence of four critical factors – t...

The End Of An Era: The economy as we know it is facing a lethal confluence of four critical factors – t...

Fundamentally, what had happened here was that skilled, well-paid jobs had been exported, consumption had increased, and ever-greater quantities of debt had been used to fill the gap. This was, by any definition, unsustainable. Talk of Western economies modernising themselves by moving from production into services contained far more waffle than logic – Western consumers sold each other ever greater numbers of hair-cuts, ever greater quantities of fast food and ever more zero-sum financial services whilst depending more and more on imported goods and, critically, on the debts used to buy them. Corporate executives prospered, as did the gateholders of the debt economy, whilst the vast majority saw their real wages decline and their indebtedness spiral. For our purposes, what matters here is that reducing production, increasing consumption and taking on escalating debt to fi...

Full article: http://peakoil.com/consumption/the-end-of-an-era/

Tweets

Vans Era “Leopard” #Vans

Vans Era “Leopard” #Vans

kicksonfire.com 27 Jan '13, 1pm

looks to be pushing the animal print trend we saw in the last bit of 2012. It looks as if the Vans “Leopard” Authentic was...

#KDISNOTNICE on the Defensive End

#KDISNOTNICE on the Defensive End

nicekicks.com 24 Jan '13, 3am

We know Kevin Durant is not nice when it comes to throwing down explosive dunks and draining late-game shots , but KD is n...

#OpenFollow Singapore laments the bygone era of the birthquake - The Age #Singapore

#OpenFollow Singapore laments the bygone era of...

theage.com.au 22 Jan '13, 2pm

This giant sculpture of a baby, titled Planet by British artist Marc Quinn, featured at Gardens by the Bay, epitomises the...

Is the Sharing Economy Innately Sustainable?

Is the Sharing Economy Innately Sustainable?

triplepundit.com 23 Jan '13, 10am

Eco-friendly cars, peer-to-peer mortgages and loans that help the environment, collaborative consumption programs that ins...

Official: European EV sales will jump fivefold ...

green.autoblog.com 19 Jan '13, 10pm

Electric and Hybrid Vehicle Sales in Europe to Reach 827,000 Annually by 2020, Forecasts Pike Research BOULDER, Colo.--(BU...

Dogs end up in cooking pot at CNY

Dogs end up in cooking pot at CNY

soshiok.com 22 Jan '13, 9am

Dogs end up in cooking pot at CNY Nirmal Ghosh | The Straits Times | Tue Jan 22 2013 Canine smuggling in Thailand up durin...

KLM Flight Promotions, Book by end Mar 2013

KLM Flight Promotions, Book by end Mar 2013

tualobang.blogspot.com 29 Jan '13, 1am

Hi, thanks for visiting. Here's a simple FAQ for the site: 1. We provide multiple content push options: a) Subscribe to em...

Check out: European EV sales will jump fivefold...

green.autoblog.com 19 Jan '13, 10pm

Electric and Hybrid Vehicle Sales in Europe to Reach 827,000 Annually by 2020, Forecasts Pike Research BOULDER, Colo.--(BU...

Products you don't know, but likely will soon #PGAShow

Products you don't know, but likely will soon #...

pga.com 25 Jan '13, 11pm

A belt clip makes the Sun Mountain Zero-G bag extremely easy to carry. Products you don't know, but likely will soon PGA.c...

"Venti Mocha Frapuccino" is not universal coffee language

"Venti Mocha Frapuccino" is not universal coffe...

theroasterie.com 24 Jan '13, 2pm

The life of a barista may not seem that exotic on the outside. They’re just the people who make your custom coffee order, ...

What we don’t want to know about chicken and fish: Grist Chicken and fish are often

What we don’t want to know about chicken and fi...

grist.org 25 Jan '13, 2pm

Chicken and fish are often considered sort-of-not-really meat. You hear this a lot: “I don’t eat meat, but I eat chicken a...

Vans Era “Overspray” Pack #Vans

Vans Era “Overspray” Pack #Vans

kicksonfire.com 21 Jan '13, 9am

For the upcoming Spring season, Vans has dressed the classic Vans Era in speckled designs, as if they were being used by p...

Ceramic hot-end mount seeks to improve extrude performace

Ceramic hot-end mount seeks to improve extrude ...

hackaday.com 24 Jan '13, 12pm

Find a local dentist that knows what a CEREC or E4D is (CADCAM system for milling crowns). Buy an e.max block from them (m...