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RandomLensmanyesterday at 6:49 PM1 replyview on HN

GFC = Great Financial Crisis. I'd look at that first rather than some peak oil for Europe's underperformance.


Replies

palatayesterday at 8:13 PM

Is "GFC" the subprimes crisis? Because that one, in 2008, may well be a consequence of the peak of conventional oil. It's not "some peak for Europe", it is THE peak for the world of, well, conventional oil, which means anything that is not the shale oil in North America.