Wednesday, April 28, 2010

Peak Everything

Ron Bailey uses several rare earth metals to illustrate the conceptual silliness of 'peak everything'.  If someone tells you we're running out of something and need to fund a program to subsidize it or shift away from it, the only thing you're likely to run out of is money.

"Peak this and that" is the modern equivalent to phrenology or the reverse of alchemy.  Short the Peakies - they're fools.

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