so the point of this is to alarm and have you buy gold. usual fallacies are: be afraid of growth, peak oil, knocking down ignorant strawmen that call everything in the past a uniform and easygoing time
Very interesting and sobering presentation. The world in the next 50 years is going to change radically. The Chinese have an ancient curse-"may you live in interesting times".
Are there some links to the references anyone can point me to? I think this is a great video but I just like checking out the sources and methodology used.
TheGreekOdysseus: Thorium is no solution to an intractable problem:
a) whether nuclear power even delivers more energy than it actually consumes over its TOTAL lifecycle (i.e. a million [!] years) has never been conclusively proven. It may yet be the last nail in mankind's coffin by ACCELERATING energy depletion even more than without.
b) Nowhere in the whole world exists there a safe deposit of nuclear waste
And here I run into youtube's space limit, with hundreds more facts to go.
i dont see what the problem is... humans need to reduce their population anyway... the problem is not oil, not food not anything but overpopulation...
@dieyoung no, because unlike most ppl im not a useless shill and a sheep... i actually am getting educated so i can contribute instead of mindlessly living off benefits and producing 20 kids...
there are plenty of ppl living off the backs of hardworking people and im not one of them
@exmuslimNfree lol you ask anyone on the planet and they will say they are too important to be the one to die. Just fucking kill yourself and do us all a service if that is what you truly believe. Education or not you are still using up resources, you can't make finite resources no matter what bullshit degree (receipt) you get.
@DuncanL7979 dont worry, nature will soon decide who will die anyway and i have no doubt i will be among those who dont make it if that makes u feel better..
but we need to b a bit more mature about this argument. Every time i say overpopulation ppl think im saying lets go kill ppl... sigh... we are immature species indeed.
There's a lot that can be done before that becomes necessary
at about 56:17, I started begging in my head for Chris to start talking about thorium. I'm glad he mentioned how uranium is pretty much going down the same path of depletion as oil is, but if only he had mentioned how unfathomably useful thorium is, the constructive aspect of his speech could only be heightened. There is an amazing TED talks video about thorium which discusses all the ways it is better than uranium (safer, more mobile, more energy output, easily available).
@hitssquad But for how much of that uranium is the energy return on investment greater than one? Low concentration ore is a different beast than decommissioned warheads.
@HerrrHosen "how much of that uranium is [positive EROEI]"
...All of it: nuclearinfo. net/Nuclearpower/UraniuamDistribution
"If the energy cost increases in inverse proportion to the Ore concentration, shales and phosphates, with a Uranium abundance of 10 - 20 ppm, could be mined with an energy gain of 16 - 32."
Based on that, average crust, with a Uranium abundance of 1 - 3 ppm, could be mined with an energy return of 1.6 - 4.8. There's 30 trillion tonnes of uranium in average crust.
@HerrrHosen Those shales and phosphates, with an EROEI of 16-32, total .8 trillion tonnes. Granites, with an EROEI of 4.8-16, total 2 trillion tonnes.
That totals 32.8 trillion tonnes so far. To access the rest of the uranium, breeder reactors could potentially unlock 60-120x as much energy, giving an EROEI for the 6 trillion tonnes of uranium in evaporites, siliceous ooze, and chert, with a uranium abundance of .2-1 ppm, of 19.2-192.
@HerrrHosen Then there's .8 trillion tonnes of oceanic igneous crust, with a uranium abundance of .1-.2 ppm, and an EROEI of 9.6-38.4.
That totals 39.6 trillion tonnes so far.
In addition, the .01-.02 trillion tonnes of uranium in ocean water, even though it is present at very low concentrations of .0002-.001 ppm, might be easy to mine at low cost with plastic adsorbent strips.
We can also add the .02 trillion tonnes of black shales, at 20-100 ppm, with a non-breeder EROEI of 32-160.
@hitssquad Thanks for the incredibly detailed response. Good to know. I was a research reactor operator in undergrad, but the fuel production/disposal end of things has always been a little fuzzy. I'm I remember correctly, there's also a truly absurd amount of thorium that a future breeding fuel cycle could be able to take advantage of.
@HerrrHosen Instead of a ship, the conception I'm most familiar with is a big 100 meter by 50 meter floating ocean platform (or barge): google. com/search?q=uranium+ocean+platform&tbm=isch
The Japanese seem to have done the most work on this, since they have been importing all of their uranium. IIRC, the French are also working on it. They're hoping for a production cost of around $200/kg, and hope for revenue from additional metals captured (platinum, paladium, gold, etc.).
@HerrrHosen "there's also a truly absurd amount of thorium"
Yes, and, unlike uranium, it's always all useful as fuel since all conceived thorium cycled are breeder cycles. There's about 3-4x as much thorium as uranium on land, and about an equal amount in the oceans. If thorium breeder cycles turn out to be easier than uranium, then some nations might choose to switch to that long before uranium supplies start to get scarce, instead of developing uranium breeders.
@hitssquad You forgot to take into account the inevitable exponential growth. Don't tell me humanity will decide to never use a single watt more energy than we did the previous year. Exponential growth will make any big number seem tiny after a couple of years.
@sweetconcrete "You forgot to take into account [...] exponential growth."
No, because it wasn't a prediction. It was an objective quantification of the size of the supply. As such, it's convertible to any other form of quantification, including exponential quantification.
.
Everything else being equal, any marginal increase in price causes a marginal decrease in consumption. If you're talking about scarcity increasing with consumption remaining the same, your talking about magic.
@sweetconcrete When we observe nature, we don't see infinite exponential growth. We see S-curves. For your your theory of infinite exponential growth to be true, resources would have to be infinite. Since resources can't be infinite, your theory is wrong.
@sweetconcrete I beg to differ. 1) Technology advances exponentially, and we might have economically viable ways of recovering radioactive waste, recycling them into fuel again. 2) Populations grow exponentially, true enough, but would eventually plateau at best, or even decline. 3) A slightly more pessimistic view would be we'll find excuses to kill each other again in huge numbers, solving problems of fuel and food shortages in the short term (yay!).
That are produced (refined) oil products your talking about not oil itself.
The US uses about 19 million barrels of oil a day now and produces about 5 million a day so clearly they are not exporting oil, they are however exporting oil products cause not every nation has a industry for that and now that US consumption of those oil products is falling thanks to recession more can be exported.
@RealityGrapple Of course I'm a troll. I mean what sane man would not believe the end of the world is coming? Come on! Only the insane and stupid don't believe in the Apocalypse! Noble men like Schiff CM that are distinguished and have the gift of prophesy Must be respected! Not laughed at as cheap sales men out to make a FIAT buck fear mongering to the poor unsuspecting layman. You Sir have a unique ability to spot bullshit when you see it! Unlike me the poor blind troll! Sniff!
@Minethis1 Schiff sells gold so he can buy more gold for himself. So who cares about the fiat money that is used which is required by LAW. Your ignorance is really funny.
@TWSceptic Of course he does! All your FIAT you give him all goes to gold! The stocks he owns are bought with what exactly? You give him worthless paper FIAT and you get a nice certificate that says you own Gold in Perth, AUSTRALIA! HAhahaahah He tried to find a place further away but couldn't! Trust me he is all about taking care of you. Especially when it crashes and you want to sell it back. HE will be the first in line to buy that certificate from you! Your so Naive!
@RealityGrapple Yes my friend you are so right. I am a troll and incapable of accuracy or realism therefore I will perish soon along with everyone else. Except for those that own Gold and CM Book of course! That goes without saying. They will prosper by cultivating the land and finding inner peace along with many guns in their bunkers. I am a narcissistic freak yet cute and lovable like a Cartoon character. Not strong chinned extraordinarily smart, and full of chest hair like you
@RealityGrapple O yea you are right. Go Build your Bunker buy some guns, Bullets, Food, the End is near! No Question! Don't listen to me I am clueless but CM he knows you just have to connect the Dots he tells you the other Dotes MUST be left out because he did not approve of them Therefore He Is a great predictor!
@MrNu4e All the economic illiterates and emotionally unbalanced disagree with me. You know how many of them exist in this world? A LOT MORE THAN EIGHT!
@RealityGrapple Sure you did! And with all the Profits you build a bunker bought some guns bullets canned food, short wave radio and ready to start killing people Mad Max Style! watch?v=KIxrHmWQvac
@RealityGrapple How old are you 12? Saying hyper inflation is a possibility and putting on guessed on how to survive it is the same thing as saying Hyper inflation will occur! If you can't figure that out you and idiot!
Experts also said there will be no collapse in housing. What is your point? Nothing! Listen here You want to go crawl under a rock and prepare your self doe the end of the world with the Bullshit CM is feeding you go right ahead! Enjoy your self! Good Luck!
@RealityGrapple Listen here my ignorant friend Gold and Silver are down 75% and 85% inflation adjusted since the 80's! Silver is down 50% from highs.Gold down over 20% These are the Facts! watch?v=N5A8nr1qPjE Here is a video that can teach your ignorant pea brain. Now you want to go out and buy silver? Go Ahead But at the end of 2012 I want you to come back and tell me what a genius I am! If you are a gentleman who can admit his wrong! Deal?
It will be very easy to become a billionaire over the next 30 years. Silver and gold will both be 100k/ounce at the peak of hyperinflation, oil will be priceless, and the opportunity to participate in the development of the next paradigm of energy will create trillionaires. @dudesimple
Who REALLY runs our world? search "israel Did 911 All Proof in the World" and search "ZionCrimeFactory" for proof.
Reporting on the death of supremacist Zionist leader David Wolffsohn, the September 17, 1914, edition of THE NEW YORK TIMES tells us that during his closing address at the Zionist Congress at the Hague in 1907 Wolffsohn “pleaded for greater unity among the Jews and said that eventually they must conquer the world.”
w(dot)zioncrimefactory com/jew-world-order SPREAD THE TRUTH!
have we all forgot how gasoline prices hit $5+ when hurricane Catrina supposedly put out of commission an oil refinery and how about the economy at the same time fuel was so high, people stopped spending, not just driving and that caused a chain reaction which as we all saw we never recovered from. In a few years gas will be more than 12 dollars a gallon and that is a conservative estimate. We should of already had half our cars running on methane, solar etc..... and we may have had a chance.
I took the Crash Course several years ago and have tried to share some of it with friends or family and I cannot believe how many people believe nothing I tell them, even though some of this stuff has been mathematically proven.
Just look at some of the comments here: the Mayans said we would all die in 2012?Sure, they knew everything.Or I read stuff about homophobia. Can you believe it?This is an important subject and look what people do with it.
@nld1960 , Think about people as brains in which powerful memes replicate spread from one to the other. People and Selves are not so coherent concepts after all. The majority of people are just emotional repeaters with no training in critical thinking so go figure. If people as a GROUP had any brains at all we'd be on the peak energy issue a long time ago; sadly we're just selfish survival machines; everyone is on it's own.
Plenty of clean(er) energy in nat. gas, coal (including Sasol processing), these large sources combined with more EFFICIENT use of energy and lifestyle changes can sustain demand very easily. The fallacy of CM argument, is the assumption that oil is the only source. He ignores major sources coal, sasol (coal), natural gas, and others (wind, geothermal, etc.).
I don't believe oil would be held back as it will open the door wider to push for other sources of energy (green energy) and bring those processes to the front line then oil will be crushed. They have an uphill battle now trying to suppress other forms of energy from hitting the market big time and keeping oil as our number one fossil fuel for transport and machinery.
Now i look at people in and out of my circle and i cant believe that even 11 years after 9/11 that people still know very little about the trouble going on in the world, Even people way older than my self.
When i raise some topics about world affairs people shut me out, They don't want to know. This pisses me off but then i have to eat humble pie and admit i was once the same.
i'm just glad i woke up out of my bubble, Its made me understand a lot about the world that a lot of people don't know
Ive never looked at economics much in my own little bubble and i to was in one and very tunnel visioned when it came to world affairs until 9/11 that day changed everything for me like i think it did for many others.
Now i look at the wider picture and have been researching economics, World affairs, and even investing in metals, something i thought i'd never do.
The last decade has opened my eyes like i never imagined. Daily personal life events seem now so insignificant. PT 1>TBC.
@Stringyheads Let me tell you something. 1. Researching economics in (old text book except for the basics) is a waste. 2. Listening to YouTube economist doom and gloom is equally a waste of time.
3. Listening to CM place limitations in your head is (you guessed it) a waste of time.
We are in a Global economy in a balance sheet recession. Money is not designed to have value it is only a lubricant of an economy. Metals are a bad investment! Gold does not store value! HUGE Fallacy!
@Minethis1 Are you at it again?!? Do you think that there is more oil in the ground than what we have already found? Or less? If less, how can the economies of China, the USA, Brazil, Europe and the rest of the world continue to grow with an ever decreasing and more expensive source of energy? And Richard Koo and his balance sheet recession are full of beans.
@Minethis1 At what cost? The deeper it is the more it cost to get it. At what point is it no longer cost effective? Will Fracking keep up with growth needed to maintain our current standard of living? 4. Solar will never replace oil. Check out thorium reactors.
@orionstarman 1. Cost is driven down with Innovation you that. 2. Fracking Will keep up in combination of Overall innovation advancement throughout the Energy sector. 3. I agree Solar will not Replace the entire amount of oil but it's demand will be GREATLY reduced in conjunction of other advancements in Energy (Solar, Fracking, Nuclear, Hydrogen etc,) I believe Our standard of Living will increase. Don't allow CM to put false limits in your head. he is just another Schiffy!
Great presentation. Martenson truly is one of the most educated and intelligent individuals in his field. The Q and A section was very interesting too.
Chris does the 'shock and awe" as well as anyone, but economies aren't curves, they're opportunistic systems, organized what their exploratory parts find to do. So to understand opportunistic systems you need to see the curves as a story of what the learning parts are finding. Use a simple example from personal experience to organize your thinking about the life succession of our economic system.
When you realize that the solution is impossible... it frees you up for asking the unasked questions, burred in your assumptions all along. Chris is not doing that... The exponential nature of "the system" isn't from "lending money into existence". That would be stable *IFF* the earnings were spent. JM Keynes was derided for pointing that out. So was Boulding. The inherent problem is *NOT* the money system, but how we use it. Search [site:synapse9.com keynes]
You're an idiot. The actual content of what he said has obviously flown straight over your head, and it seems you were the only one actually scared by what he said.
He wasn't Doom and Gloom at all, and in fact was only pointing out that all signs point to less oil than we're economically geared for very soon.
Why don't you write a book on the subject, and try selling that?
@zeroepix Look Up "THORIUM"! watch?v=P9M__yYbsZ4&feature=relmfu All you do is allow CM put limits in your little pea brain. Doom & Gloom! All Crap! Just like the $ was suppose to hyper inflate blah blah! We all know how that turned out didn't we? You, like many others here just like fairy tales and boogie men! You are at the right place that's for sure!
@zeroepix You keep thinking the World will come to an end Ant think you are smart! I'll be an idiot in your mind an be smart! Het do me a favor. When you go to the after life put in a good word for me!
I am going to stop here in an effort to avoid spamming. I hope you are starting to get that CM is Not Quantifying his words. Rather he cherry picks information to Doom and Gloom and scare you all in to buying his book, Pod cast, sell you gold etc.
When he gets into limited Oil and we are all going to die blah blah Look up "Hydraulic Fracturing" and "Deep shale formations". If that is not enough to convince you CM is a fraud by all means go build a bunker buy some guns and Gold! Good Luck!
CM Doesn't know what happen to Debt to GDP? SIgh! Well I can tell you Interest rates continue to fall. As Money borrowing becomes cheaper the debt will increase. Not hard to Figure out! Question is WHY did interest get so cheap? The AHA! Monument. Because A lot of investment and growth into Emerging markets like China who save 20% add on top of that 17.4% Growth rate (1996 to 2008 and 24.6% 2009 to present) printing of the RMB! This pushed Bond Yields lower and flooded the world with cheap $ !!!
@Minethis1 But CM never bothers to tell you that little piece of information does he? No that would not scare you enough. In the same time Period the
EUR money supply grew 7.1% (1996 - 2008) and 2.3% (2009 to present)
USD Money supply grew 6.3% (1996 - 2008) and 3.5% (2009 to present) Remember that the USD is the World reserve currency and must expand to accommodate GLOBAL Population and economic growth. Otherwise we get destructive monetary deflation. Again scare tactics for the laymen.
@firstfamilyoffahrts yes just like coal was thought to be too few. Water is too little. Currently there is 3% of fresh water on the Planet. Half is in the Polar caps. That means we can only consume the other half. Yet we have made great leaps in purifying water and huge cities like Dubai can exist today when it was thought impossible just a few years before! CM is just another Doom and Gloom clown trying to make a buck just like all the others before him.
@Minethis1 You wanna burn all that coal in replacement for oil? Water in dubai requires huge amounts of energy to purify. Chris's point is we will get to the stage where it takes more energy in a barrel of oil to extract that barrel of oil - that's the end of the game! Did you see the graph he put up about this? Explained it all I thought. An exponential curve is unsustainable, that's where we are today.There are hard physical limitations. How long do you think things can go on for at this rate?
@MrMaveri You allow CM to place False limitations in your head. Just like FRACKING was not possible now it will save the US 11, Billion a year 1.1 Trillion in 10 years. But But CM said... LOL He has Zero Credibility. Just a cheap salesman trying to sell some encyclopedias nothing more. Go back in History and every single year some crazy came out proving the end is near and he had proof! LOL! Year after Year after Year! Keep beveling that crap and allow yourself to be brainwashed!
Pumping toxic liquids into the ground is your answer to a coming energy crisis? You getting fucked up by some few who want to maximize their profit and you grab that straw like a believer? No matter what you think, WE fuck this planet up earlier or later, because of overpopulation, acquisitiveness and other fine instruments of human genius. I really stopped to care.
@MrMaveri Look up "Thomas Malthus and Population Growth" LOL Same old Bullshit different audience it never ends it's just the same old movie over and over again!
Anyway enjoy you last days on Earth because the Mayans said we are all going to die in 2012! Sigh! Enjoy CM fairy tails!
Of corse there is more Debt in the system than there is money Just like there is more ASSETS than debt and money in the system. US ASSETS right now are 78 TRILLION! Funny how he never gives that little bit of info! More scare tactics for the laymen. Further more he never bothers telling you what the Assets are on a Global scale and What % of that belong to US entities. Remember not only do we have the Largest conglomerates on the Planet but the most multinational companies on the Planet!
Money must grow the Global Population is always Growing as is Productive output and efficiency. CM is keeping this important fact out to give the impression that these factors are constant when in fact they are NOT! Excellent Scare tactics.
@RealityGrapple I started of by discussing topics. You refused to address actual topics. and started in with your troll ass bitch ass weak insults. So I treated you how you treat others. and you call me the roll for giving you a taste of your own medicine. WOW. you;re so fucking dumb. it's rather sad. I feel sorry for you. Do you need a hug? I'll hug you, but don't try any funny stuff you fucking queer.
@RealityGrapple You're the one that has been making up lies about me and talking to other men about me. If you;re going to be so obsessed about me. I want to know who the fuck you think you are. little bitch
@RealityGrapple Everything I said was related and true. You have no videos at all, so you troll what other people do, and just talk about of childish kids shit. and when people treat you how you treat others. you don't like it. LOLS!
If you're going to go around calling people "kid" it helps if your not a fucking chicken shit loser hiding behind a fake account with a fake profile pic. what are you so scared of? Are you a 65 yr old bald fat man or something?
@RealityGrapple We have rel problems. They have been known about for many years now. I'm not sure why this asshole needs to only focus on what everyone knows already.
@RealityGrapple I accept your defeat. I had a funny feeling that once I treated you how you obviously wish to be treated, since you treat others like it. That you would end up calling yourself a bunch of names and leaving in defeat.
@RealityGrapple He offered no solutions. I did, and you don't like it. but now you have been talking about solutions. So make up your mind flip flopper. You know we can do better. That there are alternative energies. It wont be easy. It;s not even easy now, since every day a child dies of starvation. So a lot of people will die. This is why it's important to get ahead start. Instead hiding your head in the sand because it's to late, nothing can be done. How old are you?
@RealityGrapple you joined a video uploading website, not because you have videos to share. but rather because you like talking to MEN.Maybe you should find you a "gay safe" website. Mr youtube welfare baby.
We had Jack (RIP) on our gnostic media show. Jan is personal friends with him, his family, and been to his house many times.
I been listing solutions. without saying it will be real easy and not a problem nothing to worry about. I never said any of the lies you make up. but any solutions listed. you laugh at them. you cry baby fear mongering little bitch.
@RealityGrapple You were talking about changes at the local level. So it was related idiot. Chris didn't go into how we can begin the transition. NO, he bloated about how is profits from the fear mongering.
@RealityGrapple lol, you need to stop making up bullshit about total strangers. You youtube welfare baby freeloading faggot never contributing not one single video. Is your online activates a reflection of your real life? a do nothing idiot?
I don't smoke, do any drugs, hell I don't even drink,. you dumb fother mucker. Just because hemp can be used as a fuel (FACT) you assume I smoke pot? OMG you're so dumb
@RealityGrapple I also promote direct democracy (vote. org) for the states that don't have it yet, and to have it at the federal level. Waiting for politicians in bed with fossil fuel for fossil mind's people is not working. That there is no reason what we cannot govern ourselves. Which we are headed that way. Occupy wall street would like it to happen NOW.
@RealityGrapple Stop lying you fucking trolling little bitch. I never said there is nothing to worry about. I'm saying that we need to get started on the changes TODAY. That there are solutions. Solar, wind, geothermal, thorium, bio-fuels, hydrogen. To name a few, again. I've already said we need to start producing our own daily needs, and not go deep into debt to foreign banks for use of their slave labor. To have balanced trading only.
@RealityGrapple Calling you stupid is an insult to stupid people, that's how fucking dumb you are. The guy in the video said nothing new, absolutely nothing new. But you will worship his every regurgitated word anyway. Just suck his cock and get it over with faggot. Mankind will adapt, no one is saying it will be easy. But mankind will adapt. There are solutions. but they don't sit well with your crying like scared little bitch fear mongering
@RealityGrapple An interesting thought occurred to me. To see what happens when a country can't get enough fuel, or has serious problems in the transportation network, we only need to look at the UK during WW2. Everything was rationed, and even feeding the country, which was a net food importer, was difficult.
@RealityGrapple (iii) Too many people, like our bonged-out friend here, have no clue to the scale of what is coming and falsely think that air/water/hemp/magnetic/pixie-dust powered plants can somehow save us from a traumatic transition to a new system. No doubt he is at this very minute furiously bottling and storing "air" for when he can use it to power his car in the future lol
I repeat no one is saying that the transition will be easy, and no one is saying that some wont be traumatized. So it's very retarded of you to keep making up nonsense, and then arguing against what you make up. you dumb cunt
Compressed air is not a source of energy. It's a method of storing energy, like a battery. You need an energy source to compress that air into a cylinder.
@RealityGrapple (ii) Our modern civilisation has taken shape with oil fuelled transportation. Any change to a different fuel, no matter what the change may be, will see civilisation take a different shape. Depending on how things play out, suburbs may not be supportable, air travel might be only for the wealthy again, shipping might eventually have to go nuclear or sail, but whatever happens it won't be the same as today.
@RealityGrapple Yes. Most people have no idea of the shear amount of infrastructure behind our current transportation system, and the incredible amount of energy that moves though this system. Replacing this system, whether wholly or partially, is incredibly daunting when you think about it since there is no easy equivalent to oil. Oil is free energy that requires no farmland to produce, is energy dense, and just needs pumping up from the ground.
@RealityGrapple I repeat no one ever said the switch could happen over night. So it is very stupid of you to lie and make up stuff that was never said, and then you the fucking idiot argues against what you made up. gawd you are so fucking STOOPID. All That I, and others, are suggesting is that there are alternatives, they cannot happen over night. But they do exist. It;s you dumb mother fuckers that hold good ideas back with your cry baby bitch shit. fucking LOSER
Time to get back on the bicycles folks! We should be using our oil to make the world we need in the future, not burning it to drive a mile to buy the milk...
WOW... And yet... WOW... reading these comments...WOW... best i can come up withto explain this crap is a frog in water under low heat... Thats what you cooks are... Let forget that this man is an expert at what he is talking about and look at facts... Or better yet lets use some bible anology with it so that we include more people cause this concerns us all... In the bible somewhere says simpley all things must come to an end... This is a simple logic we as humans have iunderstood through out
The theory of Peak Oil was debunked years ago. There are more known oil reserves today than ever before. His charts showing production are correct, but they have NO relation to available reserves. The problem is regulation - which is a worldwide problem and a result of the green mafia (environmentalist). Read Black Gold Stranglehold for a start. I encourage all to research his data - his stats don't match up to a lot of other data. Don't drink the kool-aid without doing your homework.
@APomFan Please do your homework. Peak oil hasn't been debunked because it can't be debunked. The International Energy Agency even states in World Energy Outlook that we reached peak crude oil in 2006.
Available reserves has nothing to do with production rates. The EROEI of the reserves is by now so low that you can't get a high production rate.
This has nothing to do with "green mafia" it's basic science. Black Gold Stranglehold is just crap.
Chris you've overlooked liquid fluoride thorium reactors LFTR. We built and tested LFTRs in the 60s but they canned the project because they could not be used to generate weapons grade materials We have thousands of years worth of fuel for them in the usa alone, they cannot melt down under any circumstances, they produce thousands of times less nuclear waste than existing reactors. They can be used to generate replacement liquid fuels via the cheap electricity co2 and ocean water.
@maynoth How many decades will it take to build a few fully operational pilot plants? One? Maybe two? How many decades will it take after that to build the required number of plants (numbering possibly thousands) to take over from oil? Three? Four?
@0muffins0 If we threw all our weight behind LFTR we could probably be energy independent before we run out of oil, of course that won't happen but we could make it so if we wanted to.
his projection for future population is totally wrong, predictions for future population have nowhere near the growth we've seen in the last 20th century, we're predicted to slow down towards the middle of the century then perhaps even decline- only africa and other developing nations being there to make this uncertain and not a definitive decline
@geordieinjapan How do we feed all these people as oil production declines? We have to fuel tractors, harvesters, transportation, trade etc. If we go back to coal powered steam engines that ploughed by pulling the plough between two engines via cables we will lose much of the productivity that oil fuelled tractors gave us. How do we move food across and between continents? It's an interesting problem to think about.
@0muffins0 oil is good for another few decades, in the meantime even now we are beginning to transfer over onto alternative fuel sources- the right said it wouldnt happen, that they were silly and unaffordable, but high oil prices show the market works, we're switching. Solar technology is coming along well, there's some huge sahara solar projects getting underway. We also have enough nuclear fuel to last for a significant long time, with modern nuclear tech practically forever.
@maynoth yes, lol, excellent argument, clearly disproves everything I said and shows that you are right. You should probally get back to stocking up on canned food and ammunition now.
@geordieinjapan The big mistake people are making is not differentiating between electric generation and transportation. How do we power jets, container ships, passenger ships, tractors, harvesters, heavy goods vehicles, those giant mining dump trucks etc Oil production has plateaued (we can't increase production anymore) so if we go with an unproven version of nuclear technology we need to be building thousands of plants this very minute Even then the transport problem remains
@0muffins0 maybe we don't. IMO the future will see a huge move away from cars and air travel back towards trains. Though electric cars are getting better all the time, some of the newer models are really pretty great, all that is stopping them breaking through is the infrastructure to support them is lacking since demand is low (since infrastructure is low, catch 22). And there actually are huge nuclear plant building projects underway around the world.
@geordieinjapan I agree with you on trains becoming more important verses aircraft and cars in the future. Even with a total conversion of our infrastructure to electric powered road vehicles, battery powered cars still won't have the same performance (range, speed, cost) as oil fuel cars. The lack of lithium for batteries would be a problem if every car was battery powered. We could use lead batteries instead but then we'd all be driving milk floats.
@0muffins0 if you have cheap electricity you can use electrolysis to get hydrogen from sea water or waste water, and combine it with co2 from the atmosphere and create direct gasoline and diesel replacement fuels
@maynoth Every time you convert energy from one form to another you lose a big chunk of that energy in the conversion process. This is why any form of hydrogen power will be a huge drain of energy, because so much energy is lost in the conversion process (electrolysis). It's better to have a coal powered car rather than burning coal to generate electricity to separate out hydrogen from water because each conversion step loses energy.
@0muffins0 yes I am aware of that and thorium power would provide such abundant and cheap energy it wouldn't matter one bit. We have thousands of years worth of thorium in the usa alone, and that includes using electric and fuel cell vehicles, and producing liquid fuels with co2 and sea water via electrolysis.
@0muffins0 only because of our own ignorance, if the general public was aware that we were about to run out of oil, and that there is a known solution to the problem things would change rapidly.
...tabarnak!?
soupeaucul 1 day ago
noooo. 29:30 oil is not the only energy source
winmine0327 1 week ago
so the point of this is to alarm and have you buy gold. usual fallacies are: be afraid of growth, peak oil, knocking down ignorant strawmen that call everything in the past a uniform and easygoing time
winmine0327 1 week ago
@winmine0327 "usual fallacies"
...And another fallacy: the only type of oil that could possibly be of any use is conventional oil.
hitssquad 1 week ago
Very interesting and sobering presentation. The world in the next 50 years is going to change radically. The Chinese have an ancient curse-"may you live in interesting times".
pretorious700 1 week ago
Are there some links to the references anyone can point me to? I think this is a great video but I just like checking out the sources and methodology used.
09jake12 2 weeks ago
ron paul 2012
eaggzz 3 weeks ago
Well organized presentation. Mr. Martenson seems like he should be teaching(economics/finance/investing) at a university. Thanks for posting.
doc7474 3 weeks ago
How many of the people there understood half of what he said?
tx2vt 1 month ago
TheGreekOdysseus: Thorium is no solution to an intractable problem:
a) whether nuclear power even delivers more energy than it actually consumes over its TOTAL lifecycle (i.e. a million [!] years) has never been conclusively proven. It may yet be the last nail in mankind's coffin by ACCELERATING energy depletion even more than without.
b) Nowhere in the whole world exists there a safe deposit of nuclear waste
And here I run into youtube's space limit, with hundreds more facts to go.
CrisisMaven 1 month ago
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@CrisisMaven "a) whether nuclear power even delivers more energy than it actually consumes over its TOTAL lifecycle (i.e. a million [!] years)"
1. Why would dry-cask storage consume *any* energy?
2. Why would spent-fuel be kept around for a million years without reprocessing it?
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"b) Nowhere in the whole world exists there a safe deposit of nuclear waste"
Most nuclear power plants in America have onsite dry-cask storage. If it's not safe, perhaps you could explain in what ways and degrees.
hitssquad 1 week ago
i dont see what the problem is... humans need to reduce their population anyway... the problem is not oil, not food not anything but overpopulation...
exmuslimNfree 1 month ago
@exmuslimNfree so kill yourself.
dieyoung 1 month ago in playlist Favorite videos
@dieyoung no, because unlike most ppl im not a useless shill and a sheep... i actually am getting educated so i can contribute instead of mindlessly living off benefits and producing 20 kids...
there are plenty of ppl living off the backs of hardworking people and im not one of them
exmuslimNfree 1 month ago
@exmuslimNfree lol you ask anyone on the planet and they will say they are too important to be the one to die. Just fucking kill yourself and do us all a service if that is what you truly believe. Education or not you are still using up resources, you can't make finite resources no matter what bullshit degree (receipt) you get.
DuncanL7979 1 month ago
@DuncanL7979 dont worry, nature will soon decide who will die anyway and i have no doubt i will be among those who dont make it if that makes u feel better..
but we need to b a bit more mature about this argument. Every time i say overpopulation ppl think im saying lets go kill ppl... sigh... we are immature species indeed.
There's a lot that can be done before that becomes necessary
exmuslimNfree 1 month ago in playlist Truth log
"The Crash Course" great book, I have it. If I remember right it was writen April 2011.
Great video/presentation aswell :-)
Dualspec 1 month ago
at about 56:17, I started begging in my head for Chris to start talking about thorium. I'm glad he mentioned how uranium is pretty much going down the same path of depletion as oil is, but if only he had mentioned how unfathomably useful thorium is, the constructive aspect of his speech could only be heightened. There is an amazing TED talks video about thorium which discusses all the ways it is better than uranium (safer, more mobile, more energy output, easily available).
dreamscapejanitor 1 month ago
@dreamscapejanitor "uranium is pretty much going down the same path of depletion as oil is"
At the current world energy consumption rate of 16 terawatts, the 40 trillion tonnes of uranium in the crust would last 6.5 billion years.
hitssquad 2 weeks ago 2
@hitssquad But for how much of that uranium is the energy return on investment greater than one? Low concentration ore is a different beast than decommissioned warheads.
HerrrHosen 1 week ago
@HerrrHosen "how much of that uranium is [positive EROEI]"
...All of it: nuclearinfo. net/Nuclearpower/UraniuamDistribution
"If the energy cost increases in inverse proportion to the Ore concentration, shales and phosphates, with a Uranium abundance of 10 - 20 ppm, could be mined with an energy gain of 16 - 32."
Based on that, average crust, with a Uranium abundance of 1 - 3 ppm, could be mined with an energy return of 1.6 - 4.8. There's 30 trillion tonnes of uranium in average crust.
hitssquad 1 week ago
@HerrrHosen Those shales and phosphates, with an EROEI of 16-32, total .8 trillion tonnes. Granites, with an EROEI of 4.8-16, total 2 trillion tonnes.
That totals 32.8 trillion tonnes so far. To access the rest of the uranium, breeder reactors could potentially unlock 60-120x as much energy, giving an EROEI for the 6 trillion tonnes of uranium in evaporites, siliceous ooze, and chert, with a uranium abundance of .2-1 ppm, of 19.2-192.
That totals 38.8 trillion tonnes so far.
hitssquad 1 week ago
@HerrrHosen Then there's .8 trillion tonnes of oceanic igneous crust, with a uranium abundance of .1-.2 ppm, and an EROEI of 9.6-38.4.
That totals 39.6 trillion tonnes so far.
In addition, the .01-.02 trillion tonnes of uranium in ocean water, even though it is present at very low concentrations of .0002-.001 ppm, might be easy to mine at low cost with plastic adsorbent strips.
We can also add the .02 trillion tonnes of black shales, at 20-100 ppm, with a non-breeder EROEI of 32-160.
hitssquad 1 week ago
@hitssquad Thanks for the incredibly detailed response. Good to know. I was a research reactor operator in undergrad, but the fuel production/disposal end of things has always been a little fuzzy. I'm I remember correctly, there's also a truly absurd amount of thorium that a future breeding fuel cycle could be able to take advantage of.
HerrrHosen 1 week ago
@hitssquad The aqueous Uranium idea is incredibly cool... Hope I live to see the day that ships mine the ocean blue for Uranium and Deuterium.
HerrrHosen 1 week ago
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@HerrrHosen Instead of a ship, the conception I'm most familiar with is a big 100 meter by 50 meter floating ocean platform (or barge): google. com/search?q=uranium+ocean+platform&tbm=isch
The Japanese seem to have done the most work on this, since they have been importing all of their uranium. IIRC, the French are also working on it. They're hoping for a production cost of around $200/kg, and hope for revenue from additional metals captured (platinum, paladium, gold, etc.).
hitssquad 1 week ago
@HerrrHosen "there's also a truly absurd amount of thorium"
Yes, and, unlike uranium, it's always all useful as fuel since all conceived thorium cycled are breeder cycles. There's about 3-4x as much thorium as uranium on land, and about an equal amount in the oceans. If thorium breeder cycles turn out to be easier than uranium, then some nations might choose to switch to that long before uranium supplies start to get scarce, instead of developing uranium breeders.
.
"Thanks"
You're welcome.
hitssquad 1 week ago
@hitssquad You forgot to take into account the inevitable exponential growth. Don't tell me humanity will decide to never use a single watt more energy than we did the previous year. Exponential growth will make any big number seem tiny after a couple of years.
sweetconcrete 1 week ago
@sweetconcrete "You forgot to take into account [...] exponential growth."
No, because it wasn't a prediction. It was an objective quantification of the size of the supply. As such, it's convertible to any other form of quantification, including exponential quantification.
.
Everything else being equal, any marginal increase in price causes a marginal decrease in consumption. If you're talking about scarcity increasing with consumption remaining the same, your talking about magic.
hitssquad 1 week ago
@sweetconcrete When we observe nature, we don't see infinite exponential growth. We see S-curves. For your your theory of infinite exponential growth to be true, resources would have to be infinite. Since resources can't be infinite, your theory is wrong.
hitssquad 1 week ago
@sweetconcrete I beg to differ. 1) Technology advances exponentially, and we might have economically viable ways of recovering radioactive waste, recycling them into fuel again. 2) Populations grow exponentially, true enough, but would eventually plateau at best, or even decline. 3) A slightly more pessimistic view would be we'll find excuses to kill each other again in huge numbers, solving problems of fuel and food shortages in the short term (yay!).
sh7de 1 week ago
@RealityGrapple lol well put.
zeroepix 1 month ago
And yet, as of very recently, the US is exporting more oil than it is importing.
stickplayer2 1 month ago
@stickplayer2
That are produced (refined) oil products your talking about not oil itself.
The US uses about 19 million barrels of oil a day now and produces about 5 million a day so clearly they are not exporting oil, they are however exporting oil products cause not every nation has a industry for that and now that US consumption of those oil products is falling thanks to recession more can be exported.
Clausewitzz 1 month ago
@RealityGrapple Of course I'm a troll. I mean what sane man would not believe the end of the world is coming? Come on! Only the insane and stupid don't believe in the Apocalypse! Noble men like Schiff CM that are distinguished and have the gift of prophesy Must be respected! Not laughed at as cheap sales men out to make a FIAT buck fear mongering to the poor unsuspecting layman. You Sir have a unique ability to spot bullshit when you see it! Unlike me the poor blind troll! Sniff!
Minethis1 1 month ago
@Minethis1 Schiff sells gold so he can buy more gold for himself. So who cares about the fiat money that is used which is required by LAW. Your ignorance is really funny.
TWSceptic 1 month ago
@TWSceptic Of course he does! All your FIAT you give him all goes to gold! The stocks he owns are bought with what exactly? You give him worthless paper FIAT and you get a nice certificate that says you own Gold in Perth, AUSTRALIA! HAhahaahah He tried to find a place further away but couldn't! Trust me he is all about taking care of you. Especially when it crashes and you want to sell it back. HE will be the first in line to buy that certificate from you! Your so Naive!
Minethis1 1 month ago
@RealityGrapple Yes my friend you are so right. I am a troll and incapable of accuracy or realism therefore I will perish soon along with everyone else. Except for those that own Gold and CM Book of course! That goes without saying. They will prosper by cultivating the land and finding inner peace along with many guns in their bunkers. I am a narcissistic freak yet cute and lovable like a Cartoon character. Not strong chinned extraordinarily smart, and full of chest hair like you
Minethis1 1 month ago
@RealityGrapple O yea you are right. Go Build your Bunker buy some guns, Bullets, Food, the End is near! No Question! Don't listen to me I am clueless but CM he knows you just have to connect the Dots he tells you the other Dotes MUST be left out because he did not approve of them Therefore He Is a great predictor!
Minethis1 1 month ago
@Minethis1 8 people agree that you're an idiot. Open a new channel and try again. Dufus.
MrNu4e 2 weeks ago
@MrNu4e All the economic illiterates and emotionally unbalanced disagree with me. You know how many of them exist in this world? A LOT MORE THAN EIGHT!
Minethis1 2 weeks ago
I challenge Ray Kurzweil (the techno-utopian) and Chris Martenson (something else?) to a debate.
KhanneaSuntzu 1 month ago
Looks like we need more renewable energy and recycling of metals immediately
nottinmatterz2day 1 month ago
i wonder what the audience retention on this long video is
nottinmatterz2day 1 month ago
@nottinmatterz2day Audiences should have long ago be subjected to "gentle eugenics". Audiences are real stupid.
KhanneaSuntzu 1 month ago
Very nice video.
TheGreekOdysseus 1 month ago in playlist monies 6
@RealityGrapple Sure you did! And with all the Profits you build a bunker bought some guns bullets canned food, short wave radio and ready to start killing people Mad Max Style! watch?v=KIxrHmWQvac
Minethis1 1 month ago
@RealityGrapple How old are you 12? Saying hyper inflation is a possibility and putting on guessed on how to survive it is the same thing as saying Hyper inflation will occur! If you can't figure that out you and idiot!
Experts also said there will be no collapse in housing. What is your point? Nothing! Listen here You want to go crawl under a rock and prepare your self doe the end of the world with the Bullshit CM is feeding you go right ahead! Enjoy your self! Good Luck!
Minethis1 1 month ago
@RealityGrapple Listen here my ignorant friend Gold and Silver are down 75% and 85% inflation adjusted since the 80's! Silver is down 50% from highs.Gold down over 20% These are the Facts! watch?v=N5A8nr1qPjE Here is a video that can teach your ignorant pea brain. Now you want to go out and buy silver? Go Ahead But at the end of 2012 I want you to come back and tell me what a genius I am! If you are a gentleman who can admit his wrong! Deal?
Minethis1 1 month ago
Mind-bogglingly powerful - I have some serious preparation and studying to do!
TimothyADonaghue 1 month ago
Fuck! And I wanted to become a billionaire...
dudesimple 1 month ago
It will be very easy to become a billionaire over the next 30 years. Silver and gold will both be 100k/ounce at the peak of hyperinflation, oil will be priceless, and the opportunity to participate in the development of the next paradigm of energy will create trillionaires. @dudesimple
TimothyADonaghue 1 month ago
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Who REALLY runs our world? search "israel Did 911 All Proof in the World" and search "ZionCrimeFactory" for proof.
Reporting on the death of supremacist Zionist leader David Wolffsohn, the September 17, 1914, edition of THE NEW YORK TIMES tells us that during his closing address at the Zionist Congress at the Hague in 1907 Wolffsohn “pleaded for greater unity among the Jews and said that eventually they must conquer the world.”
w(dot)zioncrimefactory com/jew-world-order SPREAD THE TRUTH!
LordLindsey12 1 month ago
Amazingly informative presentation, thank you Chris!
ThePoorAristocrat 1 month ago
Why isn't this on television screens around the world?
MagnaCartaTwo 2 months ago in playlist Chris Martenson presents The Crash Course
have we all forgot how gasoline prices hit $5+ when hurricane Catrina supposedly put out of commission an oil refinery and how about the economy at the same time fuel was so high, people stopped spending, not just driving and that caused a chain reaction which as we all saw we never recovered from. In a few years gas will be more than 12 dollars a gallon and that is a conservative estimate. We should of already had half our cars running on methane, solar etc..... and we may have had a chance.
roccocolucciojr 2 months ago
I took the Crash Course several years ago and have tried to share some of it with friends or family and I cannot believe how many people believe nothing I tell them, even though some of this stuff has been mathematically proven.
Just look at some of the comments here: the Mayans said we would all die in 2012?Sure, they knew everything.Or I read stuff about homophobia. Can you believe it?This is an important subject and look what people do with it.
nld1960 2 months ago
@nld1960 , Think about people as brains in which powerful memes replicate spread from one to the other. People and Selves are not so coherent concepts after all. The majority of people are just emotional repeaters with no training in critical thinking so go figure. If people as a GROUP had any brains at all we'd be on the peak energy issue a long time ago; sadly we're just selfish survival machines; everyone is on it's own.
Nobody's gonna' save you, boys!
SciTechExplained 1 month ago
Wow those answers im the Q&A! He's very very prepared!
ManoharChannel 2 months ago in playlist Chris Martenson presents The Crash Course
Plenty of clean(er) energy in nat. gas, coal (including Sasol processing), these large sources combined with more EFFICIENT use of energy and lifestyle changes can sustain demand very easily. The fallacy of CM argument, is the assumption that oil is the only source. He ignores major sources coal, sasol (coal), natural gas, and others (wind, geothermal, etc.).
rmondave 2 months ago
I don't believe oil would be held back as it will open the door wider to push for other sources of energy (green energy) and bring those processes to the front line then oil will be crushed. They have an uphill battle now trying to suppress other forms of energy from hitting the market big time and keeping oil as our number one fossil fuel for transport and machinery.
Stringyheads 2 months ago
Now i look at people in and out of my circle and i cant believe that even 11 years after 9/11 that people still know very little about the trouble going on in the world, Even people way older than my self.
When i raise some topics about world affairs people shut me out, They don't want to know. This pisses me off but then i have to eat humble pie and admit i was once the same.
i'm just glad i woke up out of my bubble, Its made me understand a lot about the world that a lot of people don't know
Stringyheads 2 months ago
Ive never looked at economics much in my own little bubble and i to was in one and very tunnel visioned when it came to world affairs until 9/11 that day changed everything for me like i think it did for many others.
Now i look at the wider picture and have been researching economics, World affairs, and even investing in metals, something i thought i'd never do.
The last decade has opened my eyes like i never imagined. Daily personal life events seem now so insignificant. PT 1>TBC.
Stringyheads 2 months ago
@Stringyheads Let me tell you something. 1. Researching economics in (old text book except for the basics) is a waste. 2. Listening to YouTube economist doom and gloom is equally a waste of time.
3. Listening to CM place limitations in your head is (you guessed it) a waste of time.
We are in a Global economy in a balance sheet recession. Money is not designed to have value it is only a lubricant of an economy. Metals are a bad investment! Gold does not store value! HUGE Fallacy!
Minethis1 2 months ago
@Minethis1 Are you at it again?!? Do you think that there is more oil in the ground than what we have already found? Or less? If less, how can the economies of China, the USA, Brazil, Europe and the rest of the world continue to grow with an ever decreasing and more expensive source of energy? And Richard Koo and his balance sheet recession are full of beans.
orionstarman 2 months ago
@orionstarman How deep can we dig today?
2. Is there more oil Deeper than we can dig today?
3. Tell me about Fracking and the 11 Billion a year the US will save. $1.2 Trillion in 10 years when fully up and running.
4. watch?v=TcC3WHkAnuM
No I am not "at" it again. My New Year resolution is to not be rude! If people do not accept facts then I will not argue.
I Wish a Happy New Year my friend. And I do mean my friend we spent enough hours arguing to call you that. ;)
Minethis1 2 months ago
@Minethis1 At what cost? The deeper it is the more it cost to get it. At what point is it no longer cost effective? Will Fracking keep up with growth needed to maintain our current standard of living? 4. Solar will never replace oil. Check out thorium reactors.
orionstarman 2 months ago
@orionstarman 1. Cost is driven down with Innovation you that. 2. Fracking Will keep up in combination of Overall innovation advancement throughout the Energy sector. 3. I agree Solar will not Replace the entire amount of oil but it's demand will be GREATLY reduced in conjunction of other advancements in Energy (Solar, Fracking, Nuclear, Hydrogen etc,) I believe Our standard of Living will increase. Don't allow CM to put false limits in your head. he is just another Schiffy!
Minethis1 2 months ago
Damn it, who got the free book there?
edwardwills 2 months ago
Great presentation. Martenson truly is one of the most educated and intelligent individuals in his field. The Q and A section was very interesting too.
jamic39 2 months ago
Great Q and A session at the end.
SilverCalculatorApp 2 months ago
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num3ric 2 months ago
Oh well, other than his "big mistake", I'll give him credit for how well he answered the questions at the end.
jessilydia 2 months ago
Chris does the 'shock and awe" as well as anyone, but economies aren't curves, they're opportunistic systems, organized what their exploratory parts find to do. So to understand opportunistic systems you need to see the curves as a story of what the learning parts are finding. Use a simple example from personal experience to organize your thinking about the life succession of our economic system.
jessilydia 2 months ago
When you realize that the solution is impossible... it frees you up for asking the unasked questions, burred in your assumptions all along. Chris is not doing that... The exponential nature of "the system" isn't from "lending money into existence". That would be stable *IFF* the earnings were spent. JM Keynes was derided for pointing that out. So was Boulding. The inherent problem is *NOT* the money system, but how we use it. Search [site:synapse9.com keynes]
jessilydia 2 months ago
5 stars
truefictions 2 months ago
@Minethis1
You're an idiot. The actual content of what he said has obviously flown straight over your head, and it seems you were the only one actually scared by what he said.
He wasn't Doom and Gloom at all, and in fact was only pointing out that all signs point to less oil than we're economically geared for very soon.
Why don't you write a book on the subject, and try selling that?
zeroepix 2 months ago 8
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@zeroepix YUP! I an Idiot no doubt. It all went over my head. Thx you smart man.
Now go and look up "Hydraulic Fracturing" and "Deep shale formations"
Minethis1 2 months ago in playlist Chris Martenson Blog Videos
@Minethis1 And they require less energy to extract than current methods, how?
zeroepix 1 month ago
@zeroepix Look Up "THORIUM"! watch?v=P9M__yYbsZ4&feature=relmfu All you do is allow CM put limits in your little pea brain. Doom & Gloom! All Crap! Just like the $ was suppose to hyper inflate blah blah! We all know how that turned out didn't we? You, like many others here just like fairy tales and boogie men! You are at the right place that's for sure!
Minethis1 1 month ago in playlist Chris Martenson Blog Videos
@Minethis1 One doesn't have to support CM's message to suffer the incomprehensible idiocy of yours.
zeroepix 1 month ago
@zeroepix You keep thinking the World will come to an end Ant think you are smart! I'll be an idiot in your mind an be smart! Het do me a favor. When you go to the after life put in a good word for me!
Minethis1 1 month ago
@Minethis1 If you're going to troll, at least learn to type.
zeroepix 1 month ago
@zeroepix The End is Near! Save Yourself! How is that for typing?
Minethis1 1 month ago
I am going to stop here in an effort to avoid spamming. I hope you are starting to get that CM is Not Quantifying his words. Rather he cherry picks information to Doom and Gloom and scare you all in to buying his book, Pod cast, sell you gold etc.
When he gets into limited Oil and we are all going to die blah blah Look up "Hydraulic Fracturing" and "Deep shale formations". If that is not enough to convince you CM is a fraud by all means go build a bunker buy some guns and Gold! Good Luck!
Minethis1 2 months ago in playlist Chris Martenson presents The Crash Course
CM Doesn't know what happen to Debt to GDP? SIgh! Well I can tell you Interest rates continue to fall. As Money borrowing becomes cheaper the debt will increase. Not hard to Figure out! Question is WHY did interest get so cheap? The AHA! Monument. Because A lot of investment and growth into Emerging markets like China who save 20% add on top of that 17.4% Growth rate (1996 to 2008 and 24.6% 2009 to present) printing of the RMB! This pushed Bond Yields lower and flooded the world with cheap $ !!!
Minethis1 2 months ago in playlist Chris Martenson presents The Crash Course
@Minethis1 But CM never bothers to tell you that little piece of information does he? No that would not scare you enough. In the same time Period the
EUR money supply grew 7.1% (1996 - 2008) and 2.3% (2009 to present)
USD Money supply grew 6.3% (1996 - 2008) and 3.5% (2009 to present) Remember that the USD is the World reserve currency and must expand to accommodate GLOBAL Population and economic growth. Otherwise we get destructive monetary deflation. Again scare tactics for the laymen.
Minethis1 2 months ago in playlist Chris Martenson presents The Crash Course
@Minethis1 But isn't his point that there are too few resources to expand?
firstfamilyoffahrts 2 months ago
@firstfamilyoffahrts yes just like coal was thought to be too few. Water is too little. Currently there is 3% of fresh water on the Planet. Half is in the Polar caps. That means we can only consume the other half. Yet we have made great leaps in purifying water and huge cities like Dubai can exist today when it was thought impossible just a few years before! CM is just another Doom and Gloom clown trying to make a buck just like all the others before him.
Minethis1 2 months ago
@Minethis1 You wanna burn all that coal in replacement for oil? Water in dubai requires huge amounts of energy to purify. Chris's point is we will get to the stage where it takes more energy in a barrel of oil to extract that barrel of oil - that's the end of the game! Did you see the graph he put up about this? Explained it all I thought. An exponential curve is unsustainable, that's where we are today.There are hard physical limitations. How long do you think things can go on for at this rate?
MrMaveri 2 months ago
@MrMaveri You allow CM to place False limitations in your head. Just like FRACKING was not possible now it will save the US 11, Billion a year 1.1 Trillion in 10 years. But But CM said... LOL He has Zero Credibility. Just a cheap salesman trying to sell some encyclopedias nothing more. Go back in History and every single year some crazy came out proving the end is near and he had proof! LOL! Year after Year after Year! Keep beveling that crap and allow yourself to be brainwashed!
Minethis1 2 months ago
@Minethis1
Pumping toxic liquids into the ground is your answer to a coming energy crisis? You getting fucked up by some few who want to maximize their profit and you grab that straw like a believer? No matter what you think, WE fuck this planet up earlier or later, because of overpopulation, acquisitiveness and other fine instruments of human genius. I really stopped to care.
0Turbox 2 months ago
@MrMaveri But thats not possible! CM said...
watch?v=TcC3WHkAnuM
Minethis1 2 months ago
@MrMaveri Look up "Thomas Malthus and Population Growth" LOL Same old Bullshit different audience it never ends it's just the same old movie over and over again!
Anyway enjoy you last days on Earth because the Mayans said we are all going to die in 2012! Sigh! Enjoy CM fairy tails!
Minethis1 2 months ago
@Minethis1 So you are saying that you disagree with Malthus?
orionstarman 2 months ago
@orionstarman Yes. Silver took a shit in 2011 Now watch how commodities and gold takes a shit in 2012.
Minethis1 2 months ago
Of corse there is more Debt in the system than there is money Just like there is more ASSETS than debt and money in the system. US ASSETS right now are 78 TRILLION! Funny how he never gives that little bit of info! More scare tactics for the laymen. Further more he never bothers telling you what the Assets are on a Global scale and What % of that belong to US entities. Remember not only do we have the Largest conglomerates on the Planet but the most multinational companies on the Planet!
Minethis1 2 months ago in playlist Chris Martenson presents The Crash Course
Money must grow the Global Population is always Growing as is Productive output and efficiency. CM is keeping this important fact out to give the impression that these factors are constant when in fact they are NOT! Excellent Scare tactics.
Minethis1 2 months ago in playlist Chris Martenson presents The Crash Course
@RealityGrapple I started of by discussing topics. You refused to address actual topics. and started in with your troll ass bitch ass weak insults. So I treated you how you treat others. and you call me the roll for giving you a taste of your own medicine. WOW. you;re so fucking dumb. it's rather sad. I feel sorry for you. Do you need a hug? I'll hug you, but don't try any funny stuff you fucking queer.
DecentralizedByGuilt 3 months ago
@RealityGrapple You're the one that has been making up lies about me and talking to other men about me. If you;re going to be so obsessed about me. I want to know who the fuck you think you are. little bitch
DecentralizedByGuilt 3 months ago
@RealityGrapple Everything I said was related and true. You have no videos at all, so you troll what other people do, and just talk about of childish kids shit. and when people treat you how you treat others. you don't like it. LOLS!
DecentralizedByGuilt 3 months ago
@RealityGrapple You need to find you that gay safe website.
If you're going to go around calling people "kid" it helps if your not a fucking chicken shit loser hiding behind a fake account with a fake profile pic. what are you so scared of? Are you a 65 yr old bald fat man or something?
DecentralizedByGuilt 3 months ago
@RealityGrapple Oh so now you're saying it's not to late, that you have solution? Make up your mind "kid"
DecentralizedByGuilt 3 months ago
@RealityGrapple We have rel problems. They have been known about for many years now. I'm not sure why this asshole needs to only focus on what everyone knows already.
How old are you?
DecentralizedByGuilt 3 months ago
@RealityGrapple I accept your defeat. I had a funny feeling that once I treated you how you obviously wish to be treated, since you treat others like it. That you would end up calling yourself a bunch of names and leaving in defeat.
How old are you?
DecentralizedByGuilt 3 months ago
@RealityGrapple How old are you?
I deiced to treat you how you treat others. Interesting that you call it childish, a melt down etc etc LOLS!
DecentralizedByGuilt 3 months ago
@RealityGrapple How old are you?
DecentralizedByGuilt 3 months ago
@RealityGrapple He offered no solutions. I did, and you don't like it. but now you have been talking about solutions. So make up your mind flip flopper. You know we can do better. That there are alternative energies. It wont be easy. It;s not even easy now, since every day a child dies of starvation. So a lot of people will die. This is why it's important to get ahead start. Instead hiding your head in the sand because it's to late, nothing can be done. How old are you?
DecentralizedByGuilt 3 months ago
@RealityGrapple you joined a video uploading website, not because you have videos to share. but rather because you like talking to MEN.Maybe you should find you a "gay safe" website. Mr youtube welfare baby.
DecentralizedByGuilt 3 months ago
@RealityGrapple How old are you?
We had Jack (RIP) on our gnostic media show. Jan is personal friends with him, his family, and been to his house many times.
I been listing solutions. without saying it will be real easy and not a problem nothing to worry about. I never said any of the lies you make up. but any solutions listed. you laugh at them. you cry baby fear mongering little bitch.
DecentralizedByGuilt 3 months ago
@RealityGrapple I also made the majority of the videos for "gnostic media" 's youtube channel. Look up that channel ass wipe.
I'm also involved with some local movements in my town as well. Why are you so obsessed with me anyway? Huh freeloader?
DecentralizedByGuilt 3 months ago
@RealityGrapple google: hemp for fuel
dumbass
DecentralizedByGuilt 3 months ago
@RealityGrapple You were talking about changes at the local level. So it was related idiot. Chris didn't go into how we can begin the transition. NO, he bloated about how is profits from the fear mongering.
DecentralizedByGuilt 3 months ago
@RealityGrapple lol, you need to stop making up bullshit about total strangers. You youtube welfare baby freeloading faggot never contributing not one single video. Is your online activates a reflection of your real life? a do nothing idiot?
I don't smoke, do any drugs, hell I don't even drink,. you dumb fother mucker. Just because hemp can be used as a fuel (FACT) you assume I smoke pot? OMG you're so dumb
DecentralizedByGuilt 3 months ago
@RealityGrapple I also promote direct democracy (vote. org) for the states that don't have it yet, and to have it at the federal level. Waiting for politicians in bed with fossil fuel for fossil mind's people is not working. That there is no reason what we cannot govern ourselves. Which we are headed that way. Occupy wall street would like it to happen NOW.
DecentralizedByGuilt 3 months ago
@RealityGrapple Stop lying you fucking trolling little bitch. I never said there is nothing to worry about. I'm saying that we need to get started on the changes TODAY. That there are solutions. Solar, wind, geothermal, thorium, bio-fuels, hydrogen. To name a few, again. I've already said we need to start producing our own daily needs, and not go deep into debt to foreign banks for use of their slave labor. To have balanced trading only.
DecentralizedByGuilt 3 months ago
@RealityGrapple Calling you stupid is an insult to stupid people, that's how fucking dumb you are. The guy in the video said nothing new, absolutely nothing new. But you will worship his every regurgitated word anyway. Just suck his cock and get it over with faggot. Mankind will adapt, no one is saying it will be easy. But mankind will adapt. There are solutions. but they don't sit well with your crying like scared little bitch fear mongering
DecentralizedByGuilt 3 months ago
@RealityGrapple An interesting thought occurred to me. To see what happens when a country can't get enough fuel, or has serious problems in the transportation network, we only need to look at the UK during WW2. Everything was rationed, and even feeding the country, which was a net food importer, was difficult.
0muffins0 3 months ago
@RealityGrapple (iii) Too many people, like our bonged-out friend here, have no clue to the scale of what is coming and falsely think that air/water/hemp/magnetic/pixie-dust powered plants can somehow save us from a traumatic transition to a new system. No doubt he is at this very minute furiously bottling and storing "air" for when he can use it to power his car in the future lol
0muffins0 3 months ago
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@0muffins0 google: "compressed air cars" retard.
I repeat no one is saying that the transition will be easy, and no one is saying that some wont be traumatized. So it's very retarded of you to keep making up nonsense, and then arguing against what you make up. you dumb cunt
DecentralizedByGuilt 3 months ago
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@DecentralizedByGuilt "google: "compressed air cars" retard."
*facepalm*
Compressed air is not a source of energy. It's a method of storing energy, like a battery. You need an energy source to compress that air into a cylinder.
0muffins0 3 months ago
@RealityGrapple (ii) Our modern civilisation has taken shape with oil fuelled transportation. Any change to a different fuel, no matter what the change may be, will see civilisation take a different shape. Depending on how things play out, suburbs may not be supportable, air travel might be only for the wealthy again, shipping might eventually have to go nuclear or sail, but whatever happens it won't be the same as today.
0muffins0 3 months ago
@RealityGrapple Yes. Most people have no idea of the shear amount of infrastructure behind our current transportation system, and the incredible amount of energy that moves though this system. Replacing this system, whether wholly or partially, is incredibly daunting when you think about it since there is no easy equivalent to oil. Oil is free energy that requires no farmland to produce, is energy dense, and just needs pumping up from the ground.
0muffins0 3 months ago
@RealityGrapple I repeat no one ever said the switch could happen over night. So it is very stupid of you to lie and make up stuff that was never said, and then you the fucking idiot argues against what you made up. gawd you are so fucking STOOPID. All That I, and others, are suggesting is that there are alternatives, they cannot happen over night. But they do exist. It;s you dumb mother fuckers that hold good ideas back with your cry baby bitch shit. fucking LOSER
DecentralizedByGuilt 3 months ago
physically own silver ,gold ? where does he keep it ? at bank safe ,home safe ? whats your guess?
yellow6100 3 months ago in playlist Favorite videos
when was this meeting ??? date?
yellow6100 3 months ago in playlist Favorite videos
@yellow6100 "This video was recorded on November 16 at the Gold & Silver Meeting 2011 in Madrid."
(Source: Description Box)
RageicaNiels 3 months ago
@RageicaNiels thanks
yellow6100 3 months ago
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@RealityGrapple “Great minds discuss ideas; Average minds discuss events; Small minds discuss people”
DecentralizedByGuilt 3 months ago
@RealityGrapple “Great minds discuss ideas; Average minds discuss events; Small minds discuss people”
DecentralizedByGuilt 3 months ago
Time to get back on the bicycles folks! We should be using our oil to make the world we need in the future, not burning it to drive a mile to buy the milk...
nitramluap 3 months ago
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maynoth 3 months ago
WOW... And yet... WOW... reading these comments...WOW... best i can come up withto explain this crap is a frog in water under low heat... Thats what you cooks are... Let forget that this man is an expert at what he is talking about and look at facts... Or better yet lets use some bible anology with it so that we include more people cause this concerns us all... In the bible somewhere says simpley all things must come to an end... This is a simple logic we as humans have iunderstood through out
Crotan444 3 months ago
The theory of Peak Oil was debunked years ago. There are more known oil reserves today than ever before. His charts showing production are correct, but they have NO relation to available reserves. The problem is regulation - which is a worldwide problem and a result of the green mafia (environmentalist). Read Black Gold Stranglehold for a start. I encourage all to research his data - his stats don't match up to a lot of other data. Don't drink the kool-aid without doing your homework.
APomFan 3 months ago
@APomFan Please do your homework. Peak oil hasn't been debunked because it can't be debunked. The International Energy Agency even states in World Energy Outlook that we reached peak crude oil in 2006.
Available reserves has nothing to do with production rates. The EROEI of the reserves is by now so low that you can't get a high production rate.
This has nothing to do with "green mafia" it's basic science. Black Gold Stranglehold is just crap.
ingeborgsjon 3 months ago
SEND THIS TOO ALL YOU KNOW!!!
damkjaeren 3 months ago
Chris you've overlooked liquid fluoride thorium reactors LFTR. We built and tested LFTRs in the 60s but they canned the project because they could not be used to generate weapons grade materials We have thousands of years worth of fuel for them in the usa alone, they cannot melt down under any circumstances, they produce thousands of times less nuclear waste than existing reactors. They can be used to generate replacement liquid fuels via the cheap electricity co2 and ocean water.
maynoth 3 months ago
@maynoth You're absolutely correct. Thorium is more abundant, and safer. well done :)
DecentralizedByGuilt 3 months ago
@maynoth How many decades will it take to build a few fully operational pilot plants? One? Maybe two? How many decades will it take after that to build the required number of plants (numbering possibly thousands) to take over from oil? Three? Four?
What do we do for energy in that 30-60 year gap?
0muffins0 3 months ago
@0muffins0 If we threw all our weight behind LFTR we could probably be energy independent before we run out of oil, of course that won't happen but we could make it so if we wanted to.
maynoth 3 months ago
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maynoth 3 months ago
HEMP HEMP HEMP HEMP HEMP HEMP HEMP HEMP
horse69outside 3 months ago
HEMP for starters. Oh, hell, what's the use...
ThePretzelHead 3 months ago
his projection for future population is totally wrong, predictions for future population have nowhere near the growth we've seen in the last 20th century, we're predicted to slow down towards the middle of the century then perhaps even decline- only africa and other developing nations being there to make this uncertain and not a definitive decline
geordieinjapan 3 months ago
@geordieinjapan How do we feed all these people as oil production declines? We have to fuel tractors, harvesters, transportation, trade etc. If we go back to coal powered steam engines that ploughed by pulling the plough between two engines via cables we will lose much of the productivity that oil fuelled tractors gave us. How do we move food across and between continents? It's an interesting problem to think about.
0muffins0 3 months ago
@0muffins0 oil is good for another few decades, in the meantime even now we are beginning to transfer over onto alternative fuel sources- the right said it wouldnt happen, that they were silly and unaffordable, but high oil prices show the market works, we're switching. Solar technology is coming along well, there's some huge sahara solar projects getting underway. We also have enough nuclear fuel to last for a significant long time, with modern nuclear tech practically forever.
geordieinjapan 3 months ago
@geordieinjapan lol
maynoth 3 months ago
@maynoth yes, lol, excellent argument, clearly disproves everything I said and shows that you are right. You should probally get back to stocking up on canned food and ammunition now.
geordieinjapan 3 months ago
@geordieinjapan The big mistake people are making is not differentiating between electric generation and transportation. How do we power jets, container ships, passenger ships, tractors, harvesters, heavy goods vehicles, those giant mining dump trucks etc Oil production has plateaued (we can't increase production anymore) so if we go with an unproven version of nuclear technology we need to be building thousands of plants this very minute Even then the transport problem remains
0muffins0 3 months ago
@0muffins0 maybe we don't. IMO the future will see a huge move away from cars and air travel back towards trains. Though electric cars are getting better all the time, some of the newer models are really pretty great, all that is stopping them breaking through is the infrastructure to support them is lacking since demand is low (since infrastructure is low, catch 22). And there actually are huge nuclear plant building projects underway around the world.
geordieinjapan 3 months ago
@geordieinjapan I agree with you on trains becoming more important verses aircraft and cars in the future. Even with a total conversion of our infrastructure to electric powered road vehicles, battery powered cars still won't have the same performance (range, speed, cost) as oil fuel cars. The lack of lithium for batteries would be a problem if every car was battery powered. We could use lead batteries instead but then we'd all be driving milk floats.
0muffins0 3 months ago
@0muffins0 if you have cheap electricity you can use electrolysis to get hydrogen from sea water or waste water, and combine it with co2 from the atmosphere and create direct gasoline and diesel replacement fuels
maynoth 3 months ago
@maynoth Every time you convert energy from one form to another you lose a big chunk of that energy in the conversion process. This is why any form of hydrogen power will be a huge drain of energy, because so much energy is lost in the conversion process (electrolysis). It's better to have a coal powered car rather than burning coal to generate electricity to separate out hydrogen from water because each conversion step loses energy.
0muffins0 3 months ago
@0muffins0 yes I am aware of that and thorium power would provide such abundant and cheap energy it wouldn't matter one bit. We have thousands of years worth of thorium in the usa alone, and that includes using electric and fuel cell vehicles, and producing liquid fuels with co2 and sea water via electrolysis.
maynoth 3 months ago
@maynoth Great. We'll need 2000+ fully operational plants within 20 years. Will this get done? No.
0muffins0 3 months ago
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@0muffins0 only because of our own ignorance, if the general public was aware that we were about to run out of oil, and that there is a known solution to the problem things would change rapidly.
maynoth 3 months ago
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hitssquad 1 week ago
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@0muffins0 "How do we power [...] container ships, passenger ships"
...Perhaps the same way we power aircraft-carriers and ice-breakers: with nuclear power reactors.
.
"those giant mining dump trucks"
...With electric truck trolleys, which power the trucks with grid electricity: google. com/search?q=electric+mining+trucks+pantograph
hitssquad 1 week ago
guess we know now why the illuminators want population reduction = war ... pretty simple extrapalation. Get rid of resource consumption by force
Go2thebeach69 3 months ago
I really like Chris, he is very smart and I have watched Crash Course, but I will tell you one thing, someone owns this this man.
nld1960 3 months ago
I'm glad that he talked about the Abiotic oil issue.. thanks
wwood14 3 months ago
abiotic oil !
LaOsLa 3 months ago
"2% more" is not "exponentially more" - this guy doesn't know shit
6503mike 3 months ago