Raw Dog asked me to review this and I'm posting it here for others who might be interested. Since Chris Martenson recently appeared on the SGT Report with Sean G. Turnbull I consider him to be somewhat suspect on issues of the economy until further investigated.
Chris Martenson has an axe to grind about peak oil and so do I. Stay tuned:
http://thenewsunit.blogspot.com/2012/05/lie-of-peak-oil-continues.html