Prophets of Doom. History Channel

'Prophets of Doom' starts off with Michael Ruppert, an ex-police officer and detective who is mighty worried about Peak Oil. That is the point where production begins to decline, forever. The United States hit it’s domestic Peak Oil in 1970. Many analysts say that we are near, or are already now in, the Global Peak Oil moment. Ruppert tells us that about 5 Billion people alive today owe their existence to our dependency on oil and natural gas. He's looking for a mass culling, with the world depopulating, suddenly or steadily, from here on out. Nathan Hagens, a former hedge fund manager takes a similar view but sees the financial system as the shakiest plank on the deck. He believes our monetary system is one big global Ponzi scheme. The United States is insolvent. We are in the middle of two races; Technology versus Depletion and the National Debt vs. Natural Resources. Our problem is both Peak Oil and Peak Credit. One is bad enough, but we are facing two at once. Or is it three? John Cronin has been studying our freshwater situation and he concludes that it is getting scarcer. Not only is our supply of freshwater running short, but the quality of the water we have is getting worse. Shortages will become more frequent and the potential for disease and contamination increases. The other prophets agree that water is an essential need for survival. James Howard Kunstler was a journalist who often covered energy issues. Like others, he is also concerned about Peak Oil. He ...

Channel: YouTube Video Length: 90m 0s Date Found: Thu, Apr 07 2011 5:57 AM Category: Home Video Date Produced: Wed, Apr 06 2011 4:44 PM View Count: 0