Wednesday, June 10, 2009

Collapse Assignment 2

I think that one thing that will cause a collapse is peak oil. Peak oil is when the amount and price of oil starts to decline and getting oil is harder. In our society, money is obviously very important and one of the main sources of our money is oil so when both American oil and foreign oil starts to decrease, that is very bad for our economy. It also means cheap oil and other countries don't want cheap oil so that is also bad for us. Also, the production of oil drops because it takes too much money to do it and that is somewhat the beginning of the collapse. It is also very bad because we are already in an economic collapse so if more bad things start to happen economic wise, that is going to be the start of a bigger collapse

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