PowerShift: Oil, Money, & War

We have reached what system analysts refer to as "a single point of failure." It is the one item that if it breaks down, it brings the entire system down with it. Like it or not, the U.S. economy runs on "cheap oil" and we are running out of it. Oil powers our economy in manufacturing, transportation, and agriculture. Without it, our economy would cease to function. There is no other commodity other than water that can have such an effect on how and what we do. Oil is the lifeblood of our economy...

In this timeless and re-released article Jim outlines three major powershifts of the 21st century stemming from the ongoing struggle of resource scarcity. Both historical and forward looking, "Oil, Money, and War" analyzes the dynamic relationship between these three forces and their ongoing role in reshaping our modern world. Note: This article along with "Silver: An Undervalued Asset Looking for a Catalyst" and "Hubbert's Peak" are a prelude to a new Perspective series that Jim will begin writing 2011.