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Posted Mon Jul 18 2011: from Paul Gilding:
Like a Grenade in a Glasshouse: The Great Disruption
It's going to hit hard and it's going to hurt - made worse because most aren't expecting it. They think the world is slowly returning to our modern "normal" - steadily increasing growth, with occasional annoying but manageable interruptions. After all, the global recession wasn't so bad was it? Sure there was pain and things got shaky but Governments responded, bailed out companies, stimulated economies, got things back on track.... But if the limits are solid, as is the case with our economic system hitting the limits of the planet - defined by unchangeable physical capacity and the laws of physics, chemistry and biology - then it can't find its way through. So eventually, when the pain of hitting the wall gets too much, it stops.... Then it will hit. Like a grenade in a glasshouse, shattering denial and delusion and leaving it like a pile of broken glass on the floor of the old economic model. Then we'll be ready for change.
[Read more stories about: economic myopia, food crisis, bad policy, peak oil]

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