IANAEconomist, but I believe the impacts of Peak Oil will ultimately be overshadowed by "Peak (American) Capitalism" in a similar same manner that the Real Esta

IANAEconomist, but I believe the impacts of Peak Oil will ultimately be overshadowed by "Peak (American) Capitalism" in a similar same manner that the Real Estate bubble was overshadowed by the global financial bubble that created it. By any measure, we are not out of the financial crisis, the Federal Reserve has only bought time by printing money. In general, I think capitalism, as we know it, is coming to an end and there's no easy way to get through it. The conversion from an oil-based economy to a hydrogen/solar economy is going to have to happen during a period of prolonged depression for America, and prolonged economic rise in Asia.