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Economy = Energy

“The world economy will contract for at least the next 50 years as oil
production declines since oil is such an important proportion of world
energy use and oil energy facilitates the production of other energy
forms (e.g. coal mining, solar, wind). There may be some local and temporary
economic growth in regions with local concentrations of available
energy but, on the whole, contraction will be the rule”. Read.

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