Last night my hubby to be and I watched Collapse, an informative documentary on Michael Ruppert's ideology on the collapse of the economy. His ideas are largely based on OIL. I did not realize how dependant we are on oil until he rambled off the following:
There is 7 gallons of oil in each tire
Oil is used in almost every manufactured product we use daily: plastics, paint, cars,
There is not an infinite supply of natural resources and the more we use the faster the human race will be forced to perish.
The economy will crash when we reach peak oil. Peak oil is the point in time when the maximum rate of global petroleumextraction is reached, after which the rate of production enters terminal decline. This concept is based on the observed production rates of individual oil wells, and the combined production rate of a field of related oil wells. This is vital as the economy is highly funded on oil. The Federal Reserve Bank can only print as much money as there is commodity to back it. If the oil prices are too high to be afforded by the average consumer the world will literally stop.
You may be asking yourself well why is this so important? Simple, since we are heavily dependant on oil if the oil we use daily to function is too expensive for you and me to survive how will we be able to drive to work, how will businesses be able to ship the goods to the grocer for you to purchase, how will your employer be able to function, how will the mail get delivered, how will the police be able to protect, how will planes be able to fly?
Michael Ruppert has predicted the fall of the economy with theories involving heavy CIA and Federal knowledge of it's coming. His predictions are not derived because he is a world renown theorist, it's because he is a critical thinker, one of the most vital and imperative thought processes known to man. Most of his knowledge comes from reading the news stories across the globe and putting the dots close enough together to connect and make sense.
This downturn and fall of the economy is inevitable at this point according to Michael. In order to 'survive' it you need to be more self sufficient and this point resonated with me the most. Those who do survive the 'transition' are those who work together.
Here are some suggestions:
~Get out of Debt, avoid compound interest rates
~Learn how to live off the land. Restore your soil, store organic seeds that can be reused over and over so that when this time hits and the grocers have no food to sell you can grow your own on your own land.
~Fresh water will be depleted so store some in your home.
~Save Save Save and Save some more
~Buy GOLD, physical gold and keep it in a safety deposit box. This will be the ONLY valuable commodity for trade when this time comes.
~Update your insulation in your house to save on heating costs. This will skyrocket when peak oil prices hit.
~Network, keep your social circles open and alive. You may need to look to your neighbors, friends and family for help during these times.
I have embedded some videos so you can hear it for yourself. Visit Michael's website at