7. CRASHING THE GLOBAL ECONOMY

The peak oil community is 100% certain about two things:

1) World oil production will peak, and when it does, declining consumption of oil will inexorably crash the world economy. If usage of oil keeps declining, the economy must contract, recess and eventually fall into depression.

2) World usage of oil must be drastically slashed immediately. For example, Darley says (and I quote): "It does flag up the message if we're going to talk about responses and that is the main thing that the Post Carbon Institute talks about is responses, when one starts to talk about that the first thing to say, and the middle thing, and the last thing to say is to use much less, and we mean much, much less, we don't mean 5% we mean 50%, 60%, 80%, 90% reductions in the amount of energy and materials throughput, and we are very well aware of the fact that this is an enormous thing to say."

Putting two and two together, it seems clear that Julian Darley and PCI are consciously advocating that we crash the global economy.