In many ways Ruppert is a woo-woo and calling 'the end' frequently. He's right in that we are going to see some major changes in the coming year but wrong about peak oil. Prometheus posted an interesting vid by a Canadian banker. Despite being an obvious fear tactic pushing for carbon taxes, it contained some very important info, that being the collapse of '08 was due to the price of crude. Now that makes more sense than a bunch of Wall Street banksters packaging up the hairdresser's $1 million mtge and selling it as a AAA SIV. We're coming into growing season, multi nationals (George Soros for ie) are buying up granaries and crops. And farmers? well, who would plant and harvest a crop that drives you even further into debt? If prices keep rising we're going to see trucking shut down (remember Arrow transport in '08 simply cutting off all their driver's fuel cards and leaving them stranded all acroos the US?) which means deliveries won't happen and JIT (just in time) goods arriving on the supermarket shelves won't be there. We are at peak cheap oil. The extraction and environmental hazards of the energy we have left is extremely expensive, as has been devastatingly obvious this last year, in the Gulf of Mexica and Fukushima. I don't know if it will be by July but another year at most.
And the people bowed and prayed
To the neon god they made
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