Well, after studying Peak Oil for around 20 years, it is a pleasure to see every perspective taken in consideration all in one video. Nicole Foss is a genius who has thought about everything and every aspect and situation of Peak Oil. Well done.
Yes now you see what is realy going on . The people can not know oil has reached its net apex if they did you would have mad max so they will just shut down economy’s and do away with people !!
Nate Hagens (The Great Simplification) has, in a way, now taken up her gauntlet. He’s working to educate a wider audience about similar information. I hope he interviews her.
Nicole, that was incredible. I've followed the work of Heinberg, Tverberg, Greer, McKibben, Orlov, Quilley, Martenson and many more for five years now, but that two hours was the clearest, most concise and informed explanation of energy, finance and resiliency that I've seen. You had a number of great points. I encourage you to get out to universities and spread this message as far as possible. It's badly needed.
universities get their money from government. Do you think people in charge of the world are not aware of the situation. I have no idea what there goal is to hide it for the sheep we all are to them. I would guess they want to drive us over the cliff
Good God in Heaven! This woman is a genius! She is intelligent, educated, AWARE, data oriented, analytical, critical with a sense of balance, logical, scientific, yet well grounded, clear communicator, intelligent communicator, clearly able to paint a detailed picture of how the system is imploding from the inside and why! All the while maintaining her calm and oh my god. I love her! Pure genius! We need everyone to listen to this documentary! Phenomenal job HappenFilms I support you 100%
Sarah, you must be a smart woman to listen to this knowledgeable woman. I only listened 4 or 5 times, but still think this is the deepest knowledge she is sharing on our industrial economy and financial ponzi scheme.
Sarah, what are you doing to prepare for the coming energy collapse? Just about all the people I run into these days don't have a clue about what we're facing. It's scary!
Dear Nicole, you are one of our heroes and a comfort for our mental loneliness (that there are still people of true logic in this world), we enjoy and agree with any word that comes out of your mouth. After following you for years we really think that you will appreciate this article that we are sending to all the PhD’s and their students in the areas of human evolution and behavior in many universities all over the world.
To wake living in a society committing suicide and in deep denial is seriously disturbing and traumatizing....it's like a living nightmare, as it is impossible to reconcile logically that it could be anything else.
If you speak french there is a man called jean marc jancovici who speak about the energy disaster we are heading into & why green energy cant replace fosil fuels
Here is an index of the questions! 00:00:00 - Introduction 00:00:41 - What is the relationship between energy and economics? 00:08:05 - What is peak oil and why is it important? 00:15:57 - How do you respond to those who say that, due to the shale boom in the US, ‘peak oil is dead’? 00:30:27 - Can you describe the essence of the global financial system and explain why it’s so fragile? 00:38:37 - Could you please explain your understanding of the global financial crisis and what role expensive oil played in this? 00:46:43 - You have argued that the instability of the financial system is of greater and more immediate concern than climate change and peak oil. Please elaborate. 01:00:10 - What is your take on whether renewables or nuclear energy will be able to save us from peaking energy resources? 01:06:18 - You’ve said that the system cannot be reformed. Why can’t strong financial regulation, environmental regulation, redistributing through taxation help? 01:17:34 - You’ve said that the future belongs to the adaptable. What is resilience and how do we become more resilient? 01:31:30 - Would it be fair to summarise that strategic advice by saying that the main thing we need to do is try to prefigure a low energy, low consumption, simpler way of living? 01:41:35 - You’ve said that building community is one of the most important things we can do. Why do you think this is? 01:47:53 - When thinking about the world, I constantly find myself battling to find a space between naive optimism and despair. Can the crises underway and on their way be turned into opportunities?
2023, listening to this classic, precient, geopolitical, historically relevant, in a emperor's new cloths, basic fundamental, common sense analysis. So articulate. A must listen...
You clearly speak out what came little by little in my mind. You are a genius! Since some years I try to produce my own food in Austria in not so bad conditions. But it is hard and until now, without big nut trees I was not able to get more than 50% of my needs, just for food. To rise a sustainable permaculture I would need more land and to grow trees enough productive it takes about 20 years and more. Many people have no idea what could come soon.
I think many people know secretly. I know and so far I had no opportunity to create a garden or something similar. Not even sure I would want to tbh. Life after industrial society what I know now would not be worth living for me.
Very enlightening - my brother has been investing in fish, pig, and rice farming in the Philippines with his new wife. Hopefully this will be our escape because the people seem pretty wholesome in the country out there.
very clear and informative speech on a subject that has been presented and discussed so many times and not always in a easy way to understand, thanks for sharing
Hi Nicola, found you.....albeit a few years late. I'm quite glad now. one needs a decade or so to prove prophetic / I told you so. It is so lovely to see all that reading and instict proving correct. You projected your very well constructed foretelling so eloqunty AS an aside to this I believe I met in Ireland circa 2013 albeit fleeting. You were giving direction om metters Permacultural at the infnacy in Co. Tipperary Cloghjordan - a firts of sorts. I lve on carlow / kilkenny / wexford conjuncture. Tim
Wow this is some profound stuff! I love how she talks about being strategic in our framing of messages about our options for resilience and self sufficiency. Fantastic interview. Thank you for sharing!!
I've seen Richard H. James Kunster etc. ......this is easily the best description of what's coming down the pike both financially and ecologically that I have ever seen......get ready folks.
Good stuff. So much my brain prefers this at .75 speed. I like how she integrates the Peak Oil thing into an upcoming financial Oh Shit moment. Kunstler talks about this too. I think there needs to be some effort to describe the social engineering behind the modern consumptive lifestyles. People of 100 years ago would look at how we aspire to live in McMansions, drive huge SUVs, go to Starbucks use credit etc and would think we are crazy. This lifestyle along with the energy use and resource consumption took a lot of corporate strategizing and propaganda. While we have division of labor and some hierarchy it has been completely exploited. She doesn’t talk about fractional reserve banking which requires you to go beyond the carrying capacity of the planet. Switching to a no growth economy would soften the crunch in the future when the economy and resource use shrinks.
Thanks for the link to that excellent paper on mining chemically stored energy. It amazes me that most people do not grasp the concept of the energy equation. It is a life and death proposition. When Roald Amundsen trekked to the south pole, he understood the equation. To get there and back alive, it was "dog eat dog". Scott did not heed the laws of thermodynamics and he did not come back.
"People are not looking at the lessons of history" she says at one point. If people truly looked at the lessons of history they would simply not reproduce and all our troubles would be over in the space of the next 60-100 years.
I always assumed I was just an argumentative go between. I like the term "contrarian" because I do dislike extremes. I find it frustrating when people refuse to see the many colors and shades of gray between Black and White. I just found this lady, wow do I have some catching up to do. I have been through some of the personal crisis that she talks about. I am trying to absorb the information so I can share it with my family because most of them do not use the internet or the computer, and those that do are mostly into games or social media only, not education.
social media and gaming is important to be prepared for fossil fuel crises and energy descent. I wouldn't waiste my breath on trying to convince yr relatives on this topic. Very few people have an open mind and you would scare the hell out of them as most people trust their politicians to take care of them as there parents did. Look at Venezuela, people are sheep and are trained to be herd under control of their religious and political leaders. They believe that these people are there to look after them.
people are complacant or panicking(i fully agree) for the moment complacency is still the persevering mode, when will panic hit the complacent people(no idea)
EROEI good points. A good example is aluminum smelting it takes enormus power per Kg of metal. one can not do is run an aluminum smelter with wind mills.
Very interesting Nicole uses, not data, but mostly Economic History to reinforce her points. I'd like to see how Austrian devotees at CATO react to this.
Nice Job Nicole, I am a big fan. The only issue i have with your ideology is the assertion that is better to NOT take on a mortgage on a house. I have several counterpoints that lead me to the conclusion that the decision is fair more nuanced. 1) if the rent on a similar property is equal to of greater than a corresponding mortgage AND you plan to live there 10+ years, then why not buy? 2) Renting offers you no protection if you cannot make rent as a counter to your repossession risk arguement. 3)A BIG ONE :You can implement reliance improvements far easier on an owned property (vegetable gardens, coops, solar panels....) 4) a bit cynical but if you have paid down a mortgage to zero you are FAR more likely to have other assets to seize (gold, cash etc..) should big brother step in. A small mortgage keeps you under the radar. Otherwise, i concur with pretty much all you say.
we need a depression something i've advocated since 74. she has a correct but complicated explanation of the obvious-we are running out of fuel as well as other things so. if most of the gnp is unecessary or crap and goes to a few people growth matters not. read my favorite economist the world's first opponent of growth ezra mishan. professor odum said the same about energy to get energy long ago.
on heating your body and not space an electric blanket uses 50watts and electric fire and a gas fire equivalent uses 3000watts to power a massive saveing and you can even run it off a little solar unlike an electric fire
I agree that this lady is a genius, and she's schooled me on ideas I've never heard before from anyone else. And the only thing I questions is paper money might not be worth the paper it's printed on. And other economics said look at the passed economic systems that crashed. Inflation excellarated onto resesion/depression always makes paper money worth less. So I would save tangible things like food/medical stuff, and of course if I had the money to do so, but I don't, I would buy silver and gold.the ties to other people in your community is the best advice. locally is always good for everyone, globalization is what Is excellarated this inflation and the slow return to normal, which I believe won't happen, because greed is not going anywhere until mother earth decides to shake humans off, For good.
Really outstanding discussion. But I have to wonder when it becomes time when everyone has to "jump off the cliff" and most people are extremely ill prepared and have no parachute, is it irrational to panic and do anything possible including criminal acts just to survive? Huge carbon pulse is singular event in human history and it's not to realistic for Nicole Foss to understate how bad things will become given business as usual attitude will prevail until the very end.
Funny that the city of Atlanta, GA has chosen to build a 39 mile two-lane concrete highway for cars instead of a rail line along the same path.......the are currently as we speak still on a 5 to 10 year project just to add 39 miles of two lane highway just north of the city instead of rail........wouldn't want those rich YT folks to have to park their cars and get into a train with the unwashed masses. ..... WOW......two whole lanes for cars for only 39 miles.
I’ve finally got it! A barrel of oil is equivalent to 4/5 years human labour, say $150k. We cannot sustain oil prices of above $140 per barrel therefore eventually human labour will only be worth around $30 per year, think Cuba.
Being wedded to fossil fuels does have its consequences. We are simply reaping what we have sown. The average Roman city topped out at approximately 1 million and they were governed by the amount of SUN that they could basically 'harvest'. And that is where we DISCONNECTED with GAIA. Maybe IF we lived pre 1700, Age of Sail we could vastly reduce our contribution to climate change, but has there been too much already BAKED IN, to truly make any difference? Thank you for uploading and sharing
Here in the Netherlands you regularly receive money when you use energy because the peak of green energy production is too high on a sunny and windy day. Then people turn on devices and machines because they receive money. Isn't this absurd????
We vote in successive Governments who will give us exactly what we want, instead of exactly what we need. The consequence is, our grandchildren are stuffed. When we are thinking of our second home or third car, think again. Tailor your life to one of absolute simplicity, and the end may never come.
@RU-vid need to "reinstate" when the 'dates' of when these videos are posted... it is not fair on people, your watchers or those posting. How on earth do we know how much this lady was right, when we cannot date "when" this was said, or how relevant this is for now?!? Stop moving the goal posts please @RU-vid, and take some consensus before you make changes? Why are the number of times a video been watched, why has this been removed as well... although this is of secondary importance?
it is possible, however almost as unlimited as fossil fuels seemed in the beginning. I am happy the number of fools will reach deppletion first and fossil fuels a bit later.
Right on, she's scary smart. She's never inhaled.thanks to all the people who put this together and got it to me. I'm dirt poor, on SSI. But I have no dept. And plenty of skills, that I've got to over many years by using my hands, stone and tile , Carpentry and leather work, upolstry and fabrication. Drafting and painting. Kerry Grant luvs mother earth and not pludoctats fracking narssistic psyopathic autocrats.
remove 95% of population then the remaining surviving population can enjoy energy from oil for many more generations. Injections could achieve this, if enough people can be persuaded to have injections.
I don't buy scaled infrastructure itself is a bad thing. Scaled dependence, sure, but each individual may well likely find interest in diversifying their energy portfolio, and consistent sources of electricity from infrastructure I don't think have a solution of 0 in that homeowner's LP. I think maybe rethinking what scale means may be worthwhile; I mean, renewables present new opportunities in decentralising infrastructure too: say one household could derive it's power needs from 10 different small solar farms, or perhaps power can be exchanged within neighbourhoods via energy credits, or just with capital (I think this should be mediated by infrastructure (govt./power company - EoS is a big factor) as to optimise energy exchange, since it's going to be more beneficial to sell energy further away where production is more likely to be more variable, plus it will smooth over variance for consumers), etc. Capitalism functioning to extract wealth seems incredulously reductive. Perhaps the point was made fairly informally, but the proceedings are built on top of it. Markets are not perfectly elastic; of course there are positive sum exchanges. Purchasing asset classes of a virtual kind is the incentive for distributing resources you own to parts of the economy which maximise their production per allotted capital - it's not _just_ a casino. I mean, if you define success in those markets as attaining ultra-wealth-like returns, then sure, that's fat-tailed to hell; most people are coasting off intrinsic variance, but that is actually an arbitrary distinction. The assumption that Capitalism serves to centralise production seems to rest on the assumption that essentially all markets tend to monopolies, which is wrong, but I'm not seeing another way, I guess except via maybe a naïve reading of Marx? I understand the point about wealthy stock-owners who can subsist on their own capital's value in the market, and selling people that dream is obviously a ponsy scheme, but that is not necessarily exploitative, since it is positive sum. Anyway, this was very insightful regarding energy and the economy. I'd like to thank Nicole for the interview.
@@mrpickle6290 Natural monopolies only form when it's economies of scale at 100% market share. Unless you can tell me how there are no LRATC curves with local minimas at < 100% market share, diseconomies of scale necessarily happen outside the EoS/CEoS domain, and extraneous market share actually becomes a burden for the firm profit-wise. I think that's a reasonable precondition for a market to _tend_ against monopilisation.
This has to be one of the craziest screed I have ever seen. Can you imagine actually trying to replace an immersion or an electric teapot with direct solar heating ? Want a hot cup of anything go out with the cup and align up your collector with the sun. I don't even want to think about her analysis of energy profit from nuclear. The entire nation of France has been running it's grid off of it for decades and they have the lowest electric rates in the the EU.
I think you missed the whole point of EROEI. It's not about the monetary return. France may have cheap electricity, but at what cost? How many of its ageing plants have been decommissioned and returned to greenfields? At what cost? Also you can't run cars, planes, boats et cetera on electricity. Our society runs on liquid fossil fuels. Nuclear cannot substitute oil and gas in that way.
There is only a few years supply of uranium if the world moved to nuke......there are no easy answers but we do have a free source of energy that will last for another 5 billion years...but it will take a large shift in infra....
I do think it might be overblown to a degree, but I think the general point - that high dependence on monopolistic markets dramatically increases sensitivity to any economic shocks - is fine.
3:29 Europe, like Rome, was built on the backs of slaves and the virutal slaves of a hierarchical society. We still have a feudal hierarchy where the benefits are not commensurate with the efforts, based on Physics' definition of work.The real power of Europe, and now of the World, is an ethnocentric financial empire with tentacles of control extended via complex compartmentalization. Intellectualism does create benefits to society, but it also devises socioeconomic systems which unfairly reward its adherents (those who claim their intelligence is the justification for their higher standard of living), at the expense of those who actually do the work. In Europe we see the unhealthy concentration of wealth and power based on usury which still exists today. The intellectuals always promise an equitable distibution of the benefits of more efficient technologies, but the financial wizards always find ways of skewing the process. With Organized Intellectualism, i.e. the University System, Intellectuals are forced into compromise of higher moral principle in order to achieve what the controlled society defines as success. Peer review is an oxymoron. Who reviewed that peers that hold the hierarchical advantage? Every University of note is dependent on research funding, the results of which are patents that benefit and reinforce the hierarchical system. This was the impetus for collectivist-based systems. However, every collective society of note was designed to fall under the Global Financial Hierarchy. 3:55 Why "large" preditors? All preditors have the same function and rewards. The child steps toward adulthood by learning that preditors in nature are a necessary and beneficial part of the whole in that they cull the weakest prey. When the Feudal societies eliminated the small predators, they became infested with rodents. 4:25 We have not moved past the era of easy supply. We moved into the era of perception of scarcity. The Corporate hierarchy depends upon and obsesses over the maintenance of perception with respect to the avaliability of resources. Using scarcity as a pretext, they impose limits on the work force while they enhance their lavish lifestyles (ergo, Al Gore's conspicuous consumption). 5:10 The reason renewables are so variable and less profitable is because the hierarchy becomes the limiting factor. TPTB use the hydrocarbon exploitation model in its approach to development of renewables, whereas the most efficient utilization of these resorces is to find the appropriate scale if implementation. The absurdity is based on the hieararchy's need for self-preservation, regardless of its cost vs. benefit. The absurdity IS wind and solar farms, because the Hierarchy is obsessed with centralization of collection and distribution. They maintain the illusion of competition, but all the competitors are essentially cartels, which are nothing more than exclusive collectives. ~~~~~ It only took me a few minutes to recognize a Bankster disciple. There is a reason she has no biography on the net. The banksters have to conceal her ties to them and only then can they create this pseudo-naturalist persona. The only bio comes from IMDB, and it is NOT a bio; it's an attempt to establish authority. Ironically, it's self-written: "Nicole Foss is a communications professional and futurist, combining a long history of academic, professional and journalistic written material with a career in international public speaking across hundreds of locations worldwide. She works primarily in the fields of energy and international finance, but also has a substantial background in psychology, environmental science, permaculture, nutrition/metabolism and regulatory law. She has spent the past two years intensively studying Covid-19 and government responses. - IMDb Mini Biography By: herself" ~~~~~~ Kinda creepy, when you think about it. Third person. Where was she born, who were her parents, where did she go to school, what are her actual degrees, for whom has she worked, has she received any charitable funding and if so, who are the donors, who promotes her work? Furthermore, from her blogsite "the automatic earth" we get an excerpt from a sales blurb for her 3-hour, 30-dollar video: "Nicole Foss: After more than 30 years of exponential growth, gargantuan resource demand and increasingly frenetic consumption, we have now reached, or are reaching, an array of limits to growth" Viola! "Limits to Growth" is the publication of the Club of Rome Think Tank which was commissioned by the Global Banking Empire to justify its Mathusian Darwinian Eugenics agenda.
Okay, look. The plants aren't growing, so I'm pretty sure that the Brawndo's not working. Now, I'm no botanist, but I do know that if you put water on plants, they grow.
i discovered rabbit can eat all of a hawthorn tree we have millions here me my family and naughbours will eat and heat id you live near a railway or old disused railway you may find there are hawthorns lining the track
Very cute voice... but her face... Regardless, she's brilliant (she called the 2008 collapse in commodities) , and one of my two favorite collapse theorists (the other is John Michael Greer).
+dragonfly9209 I wasn't trying to make her look bad, dumbass. She's a woman, so yeah, I had to mention the obvious. If I sound uncivilized to you, oh well. Welcome to the collapse.
+Jerry E Looks are very subjective, but I hope Nicole doesn't read your comment on her appearance. How would you feel if somebody said this on your mother, wife, daughter?
+wim lammens First off, I would never marry someone who looked like Nicole Foss. Second, if they were talking about mama, so what? I would simply acknowledge their observation: "Yeah, she's big and ugly. So what?"
Never met an academic or socialist who didn't decry modern conveniences or not pine for the stone age. This person doesn't have even a redamentary understaing of economoics or energy production. Literally thinks that fracking wells lose money.
@@zapador Read the Communist Manifesto. There is nothing in there this person would disagree with, after listening to this video. Noe when she says "we" she means oligarchs/academics managing people ... like 1:15:00 Communisation of communities and local administrators (see commune) / resource scarcity needing central management (in the commune) / anti-capitalism, "its a problem if others have more than me" (neighbours will come attack you if you have more) / heavily regulated finance / anti-private property ownership (you should rent a mobile or mini hope) / managed institutional resource allocation / redistribution of population (into communes) / irreformable system and need for change (i.e. Revolution).
@havenmist2216 energy production? What? I thought that primary energy can not be produced, only harvesting from nature. Are you aware of a way to produce energy?! You must be a genius(!) Or an American 😂
Probably the dumbest thing I have ever heard ... a link brought me directly 1:01:00 ... solar power can not provide enough energy to keep the country running, hahahahhaha.
