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- - ABC Nightline: Surviving 'Economic Armageddon'? (http://goldismoney.info/forums/showthread.php?t=375815)

PatColo | 05-17-2009 01:08 AM
ABC Nightline: Surviving 'Economic Armageddon'? Recession survivalists stockpile goods and scale back life to bare necessities. Aired last night. I'm not sure how to link to it though, or post the video. Go to nighline's homepage and you'll see the story, click it to watch the video http://abcnews.go.com/nightline edit: here's a direct permalink to the video, which is no longer featured on the nightline homepage. Quote:
Originally Posted by Buyingsilvers (Post 1726259) Surviving 'Economic Armageddon'? http://abcnews.go.com/Video/playerIndex?id=7602150 Link.

mick silver | 05-17-2009 01:19 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? http://abcnews.go.com/nightline

PatColo | 05-17-2009 02:03 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by mick silver (Post 1726138) http://abcnews.go.com/nightline
That link is in the OP, problem is it's not a permalink to the specific story. That homepage will have new stuff after Monday when Nightline airs again. It features a 52yo woman in rural NY who freaked out about the peak oil theory several years ago and became a doomer, rearranged her whole life, as her family thought she was going overboard. I mostly thought it was interesting in that it was on Nightline/MSM.

Fermentation | 05-17-2009 02:41 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Pat completely love you bro. you post a lot of lovely sh*t. Especially Ruppert stuff, and 911. Nice clip, I'm a big peak oiler. Kuntsler said we would see more of this on mainstream media, so here it is. Exactly the same thing happened last year, in regards to the economy, you got a few stories here and there about possible collapse, mostly coming form the likes of Schiff, Rogers, and clelente. Just enough so that the MSM can say they reported on it, but not enough to really wake the sheeple out of their slumber. For perspective, my Gf watched the clip and she thought it was condescending to the women. That the reporter sounded smug, and painted the the lady as eccentric. In other words, this clip is only gonna make the people who are noticing already like you and me notice more. The rest will say, :Honey, bring me another beer or talk about abiotic oil finds. Thanks again and keep prepping to the stars. I was surprised to find that they just did a perma-culture workshop here in Cambodia. Good stuff, gonna see if I can track this guy down before I head to Loas next week. http://www.youtube.com/watch?v=qXeptKbBhdc&feature=channel
http://www.youtube.com/watch?v=qXeptKbBhdc&feature=channel

PatColo | 05-17-2009 03:27 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Thanks for the strokes Lamentation. I went from Peak Oil true-believerism, to agnosticism. The theory was flying high last summer at 148 crude, but by winter crude was 35, and all the peak oilers had to say WTF? I still lean towards peak oil being real, and the only thing I could speculate about crude's price action is that global demand destruction has pushed the price lower, months before real economic news reflected the actual demand destruction. But ultimately I don't know and aint afraid to say so. I quit debating the theory years ago, as the 'PO is a hoax!' crowd can be almost religious in their convictions, and debates produced all smoke and no light. At GIM at least, most everyone agrees that economic collapse is imminent, and whether or not PO is at the root is basically academic... not worth alienating my otherwise fellow-doomers over. Imagine PO isn't real, the woman featured in the nightline piece still did all the right things for surviving what's coming, whether PO is at the root, or not.

Fermentation | 05-17-2009 05:05 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by PatColo (Post 1726199) Thanks for the strokes Lamentation. I went from Peak Oil true-believerism, to agnosticism. The theory was flying high last summer at 148 crude, but by winter crude was 35, and all the peak oilers had to say WTF? I still lean towards peak oil being real, and the only thing I could speculate about crude's price action is that global demand destruction has pushed the price lower, months before real economic news reflected the actual demand destruction. But ultimately I don't know and aint afraid to say so. I quit debating the theory years ago, as the 'PO is a hoax!' crowd can be almost religious in their convictions, and debates produced all smoke and no light. At GIM at least, most everyone agrees that economic collapse is imminent, and whether or not PO is at the root is basically academic... not worth alienating my otherwise fellow-doomers over. Imagine PO isn't real, the woman featured in the nightline piece still did all the right things for surviving what's coming, whether PO is at the root, or not.
yeah Pat I hear about the crude going 148 and then back down. For me that verified peak oil , not refuted it. A lot of people think peak oil means a precipitous incline in prices, but that just isn't truth. When you dig into the literature, you see that PO is and will be marked by periods of severe price violatility, and major price swings, just like any other market in decline. people look at the price violatlity and immediately think about upward price swings only, even Kuntsler has stated it will be marked by periods of violatility ( up and down up and down). Let's look at the economic doomers, even with this rally we know the fundamentals don't look good, and we're still prepping! Same thing with peak oil, i know the fundamental don't look good, so I'm still prepping lol! I respect the Agnosticism and respect even more keeping an open mind about the issue. The best part of that interveiw is that that women lost a100 pounds, that's one piece that we don't talk about or look at as doomers. I'm getting my Health ( eating right & etc.) & mental health ( Meditation) Sh*t in order right now. if you ain't healthy, someone who is will take your sh*t! Good for her, a 100 pound weight lost! Again, thanks for posting!

ShortJohnSilver | 05-17-2009 07:27 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Peak oil is a myth. There is plenty of it and more is being discovered all the time. It is another way for Goldman Sachs to make a lot of money, just like Wall Street is salivating over carbon credits and cap and trade.

Buyingsilvers | 05-17-2009 07:37 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Surviving 'Economic Armageddon'? http://abcnews.go.com/Video/playerIndex?id=7602150 Link.

Buyingsilvers | 05-17-2009 08:12 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Interesting that they showed peakoil.com website. A decent website & forum IMO. They seem much like GIM in a lot of ways, espeically in the economics & finance section., but with emphasis on oil instead of gold,.

lessoil=+pm | 05-17-2009 08:54 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? nice posts & summaries/conclusions!

Pat | 05-17-2009 09:35 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? I noticed one day after the interview she lost her job. "Economic Armageddon happens one lost income at a time. Her prediction was accurate.

RealityCheck | 05-17-2009 10:52 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? I love how this "peak oil" calamity is supposed to hit at the same time that TPTB want to save the planet by taxing all forms of carbon energy out of existance. What an incredible coincidence for the elite that the world is going to run out of oil at a time that they plan to deindustrialize society! :sarcasm:

TechGuy | 05-17-2009 12:03 PM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by RealityCheck (Post 1726354) I love how this "peak oil" calamity is supposed to hit at the same time that TPTB want to save the planet by taxing all forms of carbon energy out of existance. What an incredible coincidence for the elite that the world is going to run out of oil at a time that they plan to deindustrialize society! :sarcasm:
Exactly. Now, here is my take: Peak oil is REAL. Global warming is the agreed upon strategy in which to force the people to get off oil and de-industrialize. If TPTB came forward and said flat out, we are runing out of oil. All the things you do today will be unavailable to you in 10-15-20 years. There would be all out chaos, war, riots, the politicians would be immediately thrown out of power etc...etc.. Global warming, and most environmentalism is a large, contrived behaviour modification scheme.

Twisted Avatar | 05-17-2009 01:43 PM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by RealityCheck (Post 1726354) I love how this "peak oil" calamity is supposed to hit at the same time that TPTB want to save the planet by taxing all forms of carbon energy out of existance. What an incredible coincidence for the elite that the world is going to run out of oil at a time that they plan to deindustrialize society! :sarcasm:
Same as the Air Force running mock drills on 911 Same as Britain running Mock terrorist drills the day of the bus bombings. They always seem to be ahead of the curve like that. Strange. T

scyth | 05-18-2009 12:25 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? All - You are chasing a ghost horse. It isn't about peak oil. It is about the consumption of everything, Which is nowhere near peak. Hint: In the seventies there were a couple Pretty intelligent people who talked about ZPG - Zero Population Growth. But, yeahhh, yawnnn, another couple of leftists.......... scyth

AMforPM | 05-19-2009 05:23 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? To me peak everything is just a when question barring population stopping growing on finite earth. Anyone who thinks this planet is not finite will have to hug that weird concept teddy bear hard. OTOH, sure, TPTB play with truths to cover lies and to manipulate. Oil may not peak for a long time if some large reserves have been capped and hidden, waiting for much higher prices while others were pumped dry for ultra cheap prices. I can't condone ripping off anyone, but if that was done there may be a lot of US untapped oil when the ME and Russia are dry, so it may benefit me personally and still be morally wrong. I noted the condescension too. But still, any drip of the concept may help a few more people not starve in tents.

goldissima | 05-19-2009 08:11 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by PatColo (Post 1726129) Recession survivalists stockpile goods and scale back life to bare necessities. Aired last night. I'm not sure how to link to it though, or post the video. Go to nighline's homepage and you'll see the story, click it to watch the video http://abcnews.go.com/nightline
dealing with reality = this woman lost 100lbs once she realized that she was overconsuming... ps: I dont believe in the oil peak, there are plenty of alternatives out there... which are not marketed because of our oil-cartel system...

Silver Shield | 05-19-2009 08:18 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by ShortJohnSilver (Post 1726255) Peak oil is a myth. There is plenty of it and more is being discovered all the time. It is another way for Goldman Sachs to make a lot of money, just like Wall Street is salivating over carbon credits and cap and trade.
I am coming to that conclusion... But their perception is our reality... Until we free ourselves from their system we will live under their whims...

ruprick | 05-19-2009 08:38 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by PatColo (Post 1726199) Thanks for the strokes Lamentation. I went from Peak Oil true-believerism, to agnosticism. The theory was flying high last summer at 148 crude, but by winter crude was 35, and all the peak oilers had to say WTF? I still lean towards peak oil being real, and the only thing I could speculate about crude's price action is that global demand destruction has pushed the price lower, months before real economic news reflected the actual demand destruction. But ultimately I don't know and aint afraid to say so. I quit debating the theory years ago, as the 'PO is a hoax!' crowd can be almost religious in their convictions, and debates produced all smoke and no light. At GIM at least, most everyone agrees that economic collapse is imminent, and whether or not PO is at the root is basically academic... not worth alienating my otherwise fellow-doomers over. Imagine PO isn't real, the woman featured in the nightline piece still did all the right things for surviving what's coming, whether PO is at the root, or not.
Peak Oil is real. You guys just need to understand a few basics of supply and demand and price inelasticity...... Last summer global oil production was running about 81 million BBL/day.....DEMAND was about 83.5 million.....difference being made up by non-conventional, non-liquid-crude methods.....demand was above supply...by just a few million/day....price went crazy...... Today....again....supply about 80 million/day....but demand due to global recession ......under 78 million.......price falls to $35/bbl. Wait til there is any global recovery......back to 150 - 200 in a heart beat.... It's like a starving man....he will pay anyting for a steak......but how much will you pay for a 2nd streak dinner after you just got done packing yourself....this is inelastic pricing. Mexico's Cantarel Feild.....2nd largest and most productive oil field in the world has been in rapid decline for the past 2 years.....this past year it's production went down my 33%....in 2 years Mexico will no longer be a net oil exporter....the USA gets 20% of it's oil imports from Mexico......Russia is also likely past peak and in decline.....possibly the same for Saidi Arabia.....the world is capped at about 80 million/day......don't you think last summer at $150/bbl there was incentive to produce more?!?!? But they could not.....they were digging tar sands and cooking the oil out....this is obvious demonstration of Peak Oil.....peal oil production....you can get no more oil out of the ground. We are seeing peak oil right now.....we have just had a global recession to mask the effects of production peak...a temporary pull back in demand....wait a few years....demand will pass supply again.....prices will go crazy agian....

goldissima | 05-19-2009 09:46 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? yes, we are seeing a MAN-MADE oil peak, but that doesnt oil-peakers right nonetheless. we do not need oil for the world economy to survive... until last feb, there was this film available on google titked "who killed the electric car", and which shows that the electric car was about to take over the market (in the 1950s) when they realized that its auto-parts business was much le$$ lucrative than that of the auto-parts for gas powered vehicles. How about the cold fusion cover-up that was recently exposed - the first cold fusion experiments are already at least 25 year old? And if we go further back, we have Telsa who invented free energy... if you go to the venusproject.org site, you can learn that supraconductivity (electro-magnetism) make the trains go FASTER than planes. In short planes today are completely obsolete Peak oil is a scam for many reasons. But the oil crisis will be real because cartels prevent social systems from being scientifically and technologically more flexible.

Fermentation | 05-19-2009 01:13 PM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by ruprick (Post 1728603) Peak Oil is real. You guys just need to understand a few basics of supply and demand and price inelasticity...... Last summer global oil production was running about 81 million BBL/day.....DEMAND was about 83.5 million.....difference being made up by non-conventional, non-liquid-crude methods.....demand was above supply...by just a few million/day....price went crazy...... Today....again....supply about 80 million/day....but demand due to global recession ......under 78 million.......price falls to $35/bbl. Wait til there is any global recovery......back to 150 - 200 in a heart beat.... It's like a starving man....he will pay anyting for a steak......but how much will you pay for a 2nd streak dinner after you just got done packing yourself....this is inelastic pricing. Mexico's Cantarel Feild.....2nd largest and most productive oil field in the world has been in rapid decline for the past 2 years.....this past year it's production went down my 33%....in 2 years Mexico will no longer be a net oil exporter....the USA gets 20% of it's oil imports from Mexico......Russia is also likely past peak and in decline.....possibly the same for Saidi Arabia.....the world is capped at about 80 million/day......don't you think last summer at $150/bbl there was incentive to produce more?!?!? But they could not.....they were digging tar sands and cooking the oil out....this is obvious demonstration of Peak Oil.....peal oil production....you can get no more oil out of the ground. We are seeing peak oil right now.....we have just had a global recession to mask the effects of production peak...a temporary pull back in demand....wait a few years....demand will pass supply again.....prices will go crazy agian....
Ruprick, You're preaching to the chorus.You don't have to convince me.What you fail to understand is that most people don't get physics, or math, thermodynamics, entropy and etc. I've tried and tried and tried to do the math with people and even posted a clip here, to no avail. The tinfoil hat bridgade would rather talk about tesla, abiotic, zero point and all kinds of craziness that make no mathematical sense. if they knew math and physics, they could figure it out, but they don't. You're an engineer, so you get it. This is just one of the great failures in our educational system, the widespread ignorance in math and science. What the tinfoil do have is, and rightly so, a HUGE distrust of TPTB, as do I. So they are ready to believe everything is the TPTB, when in fact, some things in life are due to stupidity, chance, and lack of foresight. anything to blame on the TBTP, when in reality somethings are due to shear stupidity. The truth is, once you do the math, there is no other conclusion to be reached, it is irrefutable, oil is a finite resource, when supply outstrips demand, we get massive problems, whether 5 years down the road or 50, or tomorrow. The is no combination of algae, wind, solar, or 8ey83ebdb that will run wal-mart, ensure agro crops, transport us, and make plastic bags till infinity. When you understands this, you get real about living life, and prepping for the future. Otherwise, you just continue to beleive in superstitions and etc. we always have, we believed the world was flat, hell it looked like it to the naked eye. It was not until we had true understanding that we understood it was a lie. The first people to call the world round were persecuted, and so will we be if we keep preaching peak oil. People are simply not ready to hear it, it doesn't change the truth or reality. Keep prepping, don't argue, and keep hoarding pennies, they'll come in handy. DO THE FREAKING MATH PEOPLE!

AMforPM | 05-20-2009 12:11 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? goldissima, I think your disagreement is kind of a wording issue. Oil is peaking, yet I agree with you 100% that there are other suppressed cheap energy sources. But oil, oil itself, is peaking. It just does not mean all the 'end of civilization' baggage often dragged in. The same guys who brought us the Fed are the ones who as Leonard Cohen put it, want to put a meter on your bed. Heck they already concrete over springs and sell water by the (small) bottle. They suppress technologies that won't be metered, and it is them we have to stop holding up by agreeing to be the base of their stupid pyramid. Just walk away and it all comes down.

WAoG | 05-20-2009 12:46 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by ShortJohnSilver (Post 1726255) Peak oil is a myth. There is plenty of it and more is being discovered all the time. It is another way for Goldman Sachs to make a lot of money, just like Wall Street is salivating over carbon credits and cap and trade.
The average idiots always buy the elites scams and cons. They get me for awhile sometimes. Cons and scams are how they rule the goats the goats baa it all up. Its been this way for thousands of years. We are short of oil for your lamps this year, so you will have to cut back and pay more as they sell off the oil to a country down the road cheap to drive down prices there and cripple their competition. Then they own both places and charge what the please for the oil. This is not rocket science folks and they pulled the same crap on your great, great, great gand parents and their great, great, great grand parents.

WAoG | 05-20-2009 01:00 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by Fermentation (Post 1728919) Ruprick, You're preaching to the chorus.You don't have to convince me.What you fail to understand is that most people don't get physics, or math, thermodynamics, entropy and etc. I've tried and tried and tried to do the math with people and even posted a clip here, to no avail. The tinfoil hat bridgade would rather talk about tesla, abiotic, zero point and all kinds of craziness that make no mathematical sense. if they knew math and physics, they could figure it out, but they don't. You're an engineer, so you get it. This is just one of the great failures in our educational system, the widespread ignorance in math and science. What the tinfoil do have is, and rightly so, a HUGE distrust of TPTB, as do I. So they are ready to believe everything is the TPTB, when in fact, some things in life are due to stupidity, chance, and lack of foresight. anything to blame on the TBTP, when in reality somethings are due to shear stupidity. The truth is, once you do the math, there is no other conclusion to be reached, it is irrefutable, oil is a finite resource, when supply outstrips demand, we get massive problems, whether 5 years down the road or 50, or tomorrow. The is no combination of algae, wind, solar, or 8ey83ebdb that will run wal-mart, ensure agro crops, transport us, and make plastic bags till infinity. When you understands this, you get real about living life, and prepping for the future. Otherwise, you just continue to beleive in superstitions and etc. we always have, we believed the world was flat, hell it looked like it to the naked eye. It was not until we had true understanding that we understood it was a lie. The first people to call the world round were persecuted, and so will we be if we keep preaching peak oil. People are simply not ready to hear it, it doesn't change the truth or reality. Keep prepping, don't argue, and keep hoarding pennies, they'll come in handy. DO THE FREAKING MATH PEOPLE!
Its still all a scam and a con. When it if ever it is going to run out they will own most all the land to grow the oil and then they will tell you there is a war and we can not produce what is needed so you will need to pay more this year till the war that never ends is over. Its all a con and scam and is been this way for thousands of years!! Its history folks and it repeats with the same old cons and scams!!

killer2021 | 05-20-2009 01:31 AM
Re: ABC Nightline: Surviving 'Economic Armageddon'? Quote:
Originally Posted by Pat (Post 1726305) I noticed one day after the interview she lost her job. "Economic Armageddon happens one lost income at a time. Her prediction was accurate.
No kidding. I was shocked that they mentioned that too. Just imagine if she had continued her old ways and then lost her job she would be much worse off. Many people view survivalists as extremists but in reality, it is BASIC emergency preparations. If a crisis happens, you sure as heck won't see survivalists running for help a couple days after. We'll be hunkered down in our shelters. If an economic disaster doesn't get you then a natural disaster will happen sooner or later and you will be happy you invested in that garden, six months food supply, six months water, guns/ammo, back up generators etc.

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