The amount of active rigs has reached the amount from 2009. The daily production in 2009 was 1/3 of the current production. If everything is going to get normalized then the production has to fall to this level again.

I don't have a choice? I'd say that's my argument in a nutshell. That's why socialism is morally wrong, the use of force against others to force them to comply because they don't have a choice.

Let me explain further my last post, because it seems maybe my point wasn't clear. Because all judgments are subjective, you eliminate arbitrary law by making all men equal under the law. Take out all subjective judgments and institute only those things which are objectively true: All men are created equal, and all men are equal under the law, and no one has any more right to do anything than anyone else. In this way, everyone has equal rights. Under this style of government, you are free to do whatever you want so long as your actions don't infringe on the freedom of anyone else. All men have the right to life, liberty, and property they've justly earned. No one has the right to take away anyone else's life, liberty, or property. That's equality. And it's the opposite of socialism, which demands taking away, at the very least, the property of others. People who use the power of government to force other people to act in a way they want are morally bankrupt.

So it doesn't matter what 70% of the population believes, and it doesn't matter what the "elites" (as you say) believe. If it takes away someone's life, liberty, or property, it's morally wrong.

America are not the leaders in pulling down the world economy... We saw several other countries in the EU during the previous economic disaster {2008} who did just

that, for example Greece / Portugal / Ireland / Spain .... There are many other countries closer than economic collapse than the USA will ever be. The debt problem is

a global sickness, but also a driving force of economic growth. Not all debt is bad... some debt create businesses and those businesses create jobs. 

Negative interest rates don't just magically mean everything to do with banks operates like it's opposite day. Negative interest rates do not mean someone pays you to take out a loan. It only means banks pay the central bank for not making loans.

Addressing the bold points, the fact that morality is subjective is exactly why you need to restrict government to the most basic rights. In the southern US in the middle 19th century, there was widespread consensus that slavery was a justifiable economic model and that black people were inferior and therefore could have no rights as human beings. The notion was so widely accepted that the Supreme Court itself ruled that blacks had no rights under the Constitution. This is clearly an immoral and unjust viewpoint, despite being widely supported. Democracy clearly failed in this instance. The popularity of an idea has no relation to its morality, so simply saying that something that enjoys 70+ percent approval does not make it a legitimate point. Because morality is subjective, we need to limit government to a role of protecting the most fundamental freedoms that everyone agrees every person possesses: life and liberty especially, and most people will also include property. As a nation, we can decide that certain people do not have the right to be free and must serve as slaves for the benefit of the rest of society, and this idea could have the approval of 99% of the population. It is still an evil notion, and the role of government is to enforce everyone's rights equally, and especially to protect the minority who the majority would otherwise take advantage of if given the opportunity. When you have unequal rights, you have arbitrary law, and arbitrary law is unequivocally evil. Arbitrary law is what the American Revolution was fought over, and the Declaration of Independence was an indictment of the British practice of instituting arbitrary law to suit their whims. And the history of socialized government is one that has repeatedly instituted some measure of arbitrary law, because there is no way you can protect all rights equally while also redistributing wealth, because it necessitates infringing some group's rights arbitrarily under the direction of popular government.

7)  We would pay to have "money" in the bank, but I doubt that they would pay us to borrow it...  Bigger save/borrow spread.

Coal power is the most polluting form of energy ever invented in the history of the human race. You can travel to the tier-II cities of Russia and Ukraine, and experience the pollution yourself. In cities such as Konakovo, Kirishi, Nazarovo, and Sharypovo, the pollution is so intense that sometimes it is impossible to see the sun, even during daytime.

In my opinion, nuclear energy is the cleanest form of energy.

The one criticism I have of socialism is that majority rule and moral rule are not the same thing. Just because something is undertaken with the will of the majority does not make the action just. In your post, you seem to advocate that the crucial missing piece to a successful socialist government is simply a strong democratic element. My answer to this notion is that a tyranny of the majority is still tyranny, and socialism is more prone to justifying tyranny because it is popular. This doesn't make things better necessarily, it just makes people more certain that they can't possibly be doing harm when in fact they are, or worse, that the harm they are doing is creating a greater good. Historically, a group acting with the certainty that they are morally superior generally doesn't lead to a decrease in the level of violence they commit or are willing to commit. In America, we don't believe the ends justify the means. That's why we instituted the Constitution, to limit the potentially destructive means the majority could otherwise inflict simply because they have the popularity to do so.

The negative rates are only charged by the central bank to the banks, not to consumers (because the banks don't pass the negative rates on so as not to alienate customers). So the theory is by penalizing banks for holding money by charging them interest to do so, they are incentive to loan it out instead, thereby creating economic activity and spurring the economy.

No way America is a failed nation. Of course the American system has some weaknesses but compaired to other countries' they are much smaller and America will take care of them in due time. Don't worry mate America will not fail.

It's happening right now and you're apparently not noticing. Bitcoin has doubled since August and people keep asking "when is it gonna happen, when is it gonna happen?" The question they should be asking instead is "Where have I been while it's been happening?"