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I recommend reading http://www.amazon.com/Thinking-Systems-Donella-H-Meadows/dp/... for a clear explanation of why this actually makes peak oil worse.

I actually have read fairly widely and taken courses in Systems Theory, but I'd appreciate a synopsis of your argument.

All the technology used in exploiting a non-renewable resource faster only sets us up for a bigger, more abrupt crash. I don't remember if she used the example of oil or fisheries (or both?), the dynamics are the same.

In the fishing village I grew up in, they were building massive ships with cutting-edge sonar(?) technology until the stocks collapsed.

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