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 than show biz or plastic surgery) to reorganizing households differently to traveling from New York to Boston by boat.”
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.
Adapt to local, sustainable practices.
Themes
Mood
Type
When to use this quote
- career planning
- family budgeting
- community building
- alternative transport
- urban farming
Key Concepts
Questions to Reflect On
- How will you reduce dependence on distant markets?
- What local skills can you develop now?
Transition may be uneven and cause short‑term hardship.