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And one must of course, as in all insurance matters multiply the risk with the expected damage. 1% is not necesarilly full scale invasion and occupation of the entire country, but conflicts are not black and white. There is a wide spectrum of scales of grey between the deepest peace and nuclear war.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid (arvid.hallen at gmail.com) on Wed Feb 10th, 2010 at 01:53:44 PM EST
[ Parent ]
Further, the risk can be both reduced or increased radically if we have a strong defence on one hand or if we are a security black hole on the other.

As the old saying goes: every country has an army - its own or somebody elses.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Wed Feb 10th, 2010 at 06:23:27 PM EST
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