THE PEAK OIL PARTY IS A ONCE A MONTH EVERY FIRST FRIDAY HARDCORE INDUSTRIAL/E.B.M,PUNK/POST PUNK AND ALTERNATIVE UNDERGROUND MUSIC PARTY SET IN A SMALL NYC DIVE BAR BASED ON THE PEAK OIL THEORY HOSTED BY JASMINE BLUSHES, WITH DJ SPAZ AND DJ PAT PERVERT@CYN LOUNGE. 216 BEDFORD AVE WILLIAMSBURG BROOKLYN . IF U LIKE MORE INTIMACY WHERE U CAN MEET PEOPLE WITH AN ANYTHING GOES ATTITUDE AND DRINK FOR CHEAP THEN THIS NIGHT FOR U. YOU WILL LOVE THE GRAFFITI IN THE BATHROOM STALLS. WE ARE A BIT TIRED OF THE TYPICAL CLUB SCENE FOR ALTERNATIVE MUSIC. THE MUSIC WILL BE HARD AND FAST AS WELL AS FUN. THERE IS NO DRESS CODE THERE SHOULD NEVER BE, ALTHOUGH WE DON'T OPPOSE A GAS MASK OCCASIONALLY LOL. NUFF SAID!!!! FOR MORE INFO ABOUT PEAK OIL AND THE PEAK OIL PARTY PLEASE SUBSCRIBE TO OUR BLOGS.It is becoming evident that the financial and investment community begins to accept the reality of Peak Oil, which ends the first half of the age of oil. They accept that banks created capital during this epoch by lending more than they had on deposit, being confident that tomorrow’s expansion, fuelled by cheap oil-based energy, was adequate collateral for today’s debt. The decline of oil, the principal driver of economic growth, undermines the validity of that collateral which in turn erodes the valuation of most entities quoted on Stock Exchanges .Almost daily, new evidence is emerging that progress can no longer be taken for granted, that a new Dark Age is lying in wait for ourselves and our children . . . growth may be coming to an end. Since our entire financial order from interest rates, pension funds, insurance, to stock markets is predicated on growth, the social and economic consequences may be cataclysmic.
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Inflation? Hyperinflation? Devaluation of the dollar? Destruction of the 'Petrodollar'? What?
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