Skip to content

Banking Quote by James Howard Kunstler

“Peak oil is already upon us. It is destroying our banking system, that is, our system for marshalling capital, and that is about to put us out of business-as-usual. So, we have to carry on with business-not-so-usual. This could mean anything from your children finding careers in farming (rather…” quote by James Howard Kunstler
Download Open image
“Peak oil is already upon us. It is destroying our banking system, that is, our system for marshalling capital, and that is about to put us out of business-as-usual. So, we have to carry on with business-not-so-usual. This could mean anything from your children finding careers in farming (rather than show biz or plastic surgery) to reorganizing households differently to traveling from New York to Boston by boat.”

James Howard Kunstler

About This Quote

Source Book: The Long Emergency by James Howard Kunstler, 2005

The impending scarcity of cheap oil will disrupt finance and force society to adopt unconventional, localized lifestyles.

In simple terms: Oil scarcity will upend finance and daily life.

Key Takeaway

Adapt to local, sustainable practices.

Themes

energy economics societal change sustainability resilience

Mood

concerned urgent reflective

Type

warning analytical

When to use this quote

  • career planning
  • family budgeting
  • community building
  • alternative transport
  • urban farming

Key Concepts

resource depletion systemic risk localization

Questions to Reflect On

  • How will you reduce dependence on distant markets?
  • What local skills can you develop now?
A Different Perspective

Transition may be uneven and cause short‑term hardship.

3.2 out of 5 (8 ratings)

More by James Howard Kunstler

Explore all 146 James Howard Kunstler quotes

More Banking quotes

Browse all 571 Banking quotes