Comments on: March 18, 2009: the tipping point that signals the beginning of the end? https://blog.p2pfoundation.net/march-18-2009-the-tipping-point-that-signals-the-beginning-of-the-end/2009/03/22 Researching, documenting and promoting peer to peer practices Sun, 22 Mar 2009 22:26:24 +0000 hourly 1 https://wordpress.org/?v=5.5.15 By: Marc Fawzi https://blog.p2pfoundation.net/march-18-2009-the-tipping-point-that-signals-the-beginning-of-the-end/2009/03/22/comment-page-1#comment-396788 Sun, 22 Mar 2009 22:26:24 +0000 http://blog.p2pfoundation.net/?p=2584#comment-396788 This may sound cryptic, but every design carries within itself the seed for its own destruction.

]]> By: Tere https://blog.p2pfoundation.net/march-18-2009-the-tipping-point-that-signals-the-beginning-of-the-end/2009/03/22/comment-page-1#comment-396778 Sun, 22 Mar 2009 22:01:19 +0000 http://blog.p2pfoundation.net/?p=2584#comment-396778 A highly important topic.

Just want to add something on the Peak Oil part. The Oil Drum is now calling several peaks:
Saudi-Arabia in 2005: http://www.theoildrum.com/node/5154#comments_top
The world in 2008: http://www.theoildrum.com/node/5177#more

One possible scenario is that the financial debt-driven hyperbubble was in part a necessary (necessitated by the need of “growth”) reaction to the lack of energy-based growth (the per-capita use of energy having stopped growing in the US in the late 80’s). After the stagnation of oil production growth in 2005 the financial bubble super-expanded and finally the relentless rise of oil price in 2008 (up to 147 dollars per barrel) started the burst by putting a cap on world trade.

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