Originally Posted by River
I'm of the opinion that diligent study reveals that peaking oil and gas production represents a far more precarious, even dangerous, situation than most of us realize. Precarious and dangerous because our present economy livelihoods are utterly dependent on the immediate availability of cheap oil and gas, which -- I think -- will not and cannot remain cheap enough for very long before we have serious and permanent infrastructure failure.
I completely agree with this, though I'll add that another huge, globally transforming problem that is far too under the radar is the rapid privatization of water. This not only immediately affects the economies of many places, but has an immediate and direct effect on the lives and health of billions of people in the developing world.